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Russian stocks tumble, trading suspended

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MarketWatch
Tuesday, February 17, 2009

NEW YORK (MarketWatch) – Russian stocks tumbled Tuesday, prompting the RTS and the Micex stock exchanges to suspend trading for one hour at 4:05 p.m. Moscow time.

The dollar-denominated RTS stock index plunged 9.4%, while the ruble-denominated Micex stock index fell 9.6%.

The decline in Russia followed a tumble in oil prices and declines on global stock markets.

Russian stocks tumble, trading suspended obamadecept 340x169


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