17 June 2004 04:13
Yukos share trading suspended
MOSCOW. June 17 (Interfax) - The Russian Trading System (RTS) suspended trading with Yukos shares at 5:00 p.m.,
Moscow time, for one hour or until the end of trading.
When trading was stopped, the share price averaged $7.32, up 12.08% from its opening price and over the 10%
restriction written into the exchange's regulations.
The shares surged after President Vladimir Putin said the government did not want Yukos to go bankrupt.
After the news, Yukos jumped 32.2% on the MICEX to 240 rubles, but then began to slide. [RU EUROPE EEU EMRG OIL CRU
PROD ELG ENR STX CRIM POL] me
[Interfax] |
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