Update: Halt Extended.... Russian Main Sector Trading Halted

Update: the PPT has not done its job just yet, which is why the Micex just announced it will extend the suspension for another 40 minutes. Since it may reopen at 7: 35 pm, perhaps Russia may just keep it closed until tomorrow?


Remember when Russia was the harbinger of global stock market halts and the best predictor of Rule 48s right here in the US? Here we go again (and via Interfax):

Loosely translated: trading the main sector of the Micex has been halteuntil 18:56 pm local time. We apologise for the inconvenience.