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Russian stock exchange shuts down

Updated on 03 October 2008

Source PA News

Regulators shut down Russia's benchmark stock exchange, RTS, for an hour after shares plunged.

Stocks had opened lower, after a torrid trading session on Thursday in the US amid fears over the success of a federal bailout plan to stave off a recession.

The RTS index dropped 7.1% to 1,070.5 points before trading was halted.

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