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Trading On Bucharest Stock Exchange Suspended

Bucharest Stock Exchange board suspended Wednesday the trading, at 0808 GMT, after the market took a steep dive, with its main indices recording losses larger than 10%, while the five regional investment funds, or SIFs, plunged 14.64%.
Trading On Bucharest Stock Exchange Suspended
08 oct. 2008, 12:10, English

At suspension time, the stock exchange’s composite index, or BET-C, was down 10.68%, while the BET index, which tracks the ten most liquid stocks, encountered losses of 9.25%.

The market’s total traded value was, at the time of suspension decision, RON10.1 million, 31% higher than Tuesday’s value in the same period.

Trading of derivatives was also suspended on Sibiu Monetary-Financial And Commodities Exchange, or BMFMS, after the Bucharest Stock Exchange suspension.