Apr 23

- Russia Will Not Reopen: “The Situation Has Been Recognized As An Emergency” (ZeroHedge, April 23, 2012):

One temporary halt and three delay attempts later, and we get…. this.

Yes, this is the Russian stock market.

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4 Responses to “Russian Stock Market Halted, Will Not Reopen: ‘The Situation Has Been Recognized As An Emergency’”

  1. Marilyn Gjerdrum Says:

    What is going on? Of course MSM isn’t going to cover it.
    Russia is the 9th largest economic power in nominal value, the 6th largest in purchasing power…….not exactly an economy that can easily be overlooked.
    Since the fall of the Soviet Union, there has been a lot of privatization of formerly public holdings…….
    Thanks for the story, will check back for updates. If I find anything (I will look), I will post any link here.
    Regards,
    Marilyn Gjerdrum

  2. Marilyn Gjerdrum Says:

    Still searching. Found older articles saying it would reopen in a few hours, that it is a technical problem, cannot find anything concrete beyond what you have already posted. Even Russia Today has nothing about it….usually that is a good news source.

  3. Marilyn Gjerdrum Says:

    According to Reuters, it has to do with a technical breakdown, not economic. Found the link on Democratic Underground

    http://www.reuters.com/article/2012/04/23/russia-stocks-suspension-idUSL5E8FNADK20120423

    Here is the link from Democratic underground: they are discussing the problem.

    http://www.democraticunderground.com/1014105363

  4. James Says:

    What was going on in the market prior to the “technical difficulties”?

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