Friday September 19, 08:34 AM
Russia stock trading suspended as shares soar
MOSCOW (AFP) -
Trading was suspended Friday on Russian stock markets when share prices soared minutes after the exchanges opened following a massive Russian government rescue plan, market officials said.
"We've suspended trading from 11:05 am (0705 GMT). It was because of the sharp rise" in share prices during early trading, a spokesman for Russia's main dollar-denominated RTS stock market told AFP.
A spokeswoman for the ruble-denominated MICEX said it too was suspended.
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