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.
This article was posted: Tuesday, February 17, 2009 at 10:21 am