16 Eylül 2008 Salı

Russian Stock Market Trading Halted Mid-Day

Russian official stopped trading on the two biggest Russian stock markets mid-day today as they dropped 17% in a massive sell-off. The main cause seems to be the falling price of oil. Russian's oil companies can't increase output so their profit levels are determined by the price of oil.
Gönderen zaman:
Etiketler: ,

1 yorum:

  1. Sean16 Eylül 2008 15:07

    i wonder if the closing of the markets themselves will cause an even larger drop off the next time they're open?

    YanıtlaSil

Kaydol: Kayıt Yorumları (Atom)