GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Russian stock market plunges 4.5% on market open

Socks · 09-15-2008, 12:00 AM

Gonna be a rough day.

MOSCOW, Sept 15 (Reuters) - Russia's MICEX index fell 4.43 percent in the first minutes of trade on Monday after U.S. investment bank Lehman Brothers Holdings (LEH.N: Quote, Profile, Research, Stock Buzz) filed for bankruptcy protection.

At one point the index of liquid shares was down 5 percent.

Shares in Russia largest bank Sberbank (SBER03.MM: Quote, Profile, Research, Stock Buzz) fell as much as 9.2 percent as the news hit global banking stocks, then recovered slightly to stand 7.16 percent down at 44.10 roubles. (Reporting by Gleb Bryanski)

09-15-2008, 12:00 AM
Socks Confirmed User Industry Role: Join Date: May 2002 Location: Toronto Posts: 8,475	Russian stock market plunges 4.5% on market open Gonna be a rough day. MOSCOW, Sept 15 (Reuters) - Russia's MICEX index fell 4.43 percent in the first minutes of trade on Monday after U.S. investment bank Lehman Brothers Holdings (LEH.N: Quote, Profile, Research, Stock Buzz) filed for bankruptcy protection. At one point the index of liquid shares was down 5 percent. Shares in Russia largest bank Sberbank (SBER03.MM: Quote, Profile, Research, Stock Buzz) fell as much as 9.2 percent as the news hit global banking stocks, then recovered slightly to stand 7.16 percent down at 44.10 roubles. (Reporting by Gleb Bryanski)