Shares of AFK “System” on the Moscow stock exchange suspended

Shares of AFK “System” on the Moscow stock exchange suspended. The value of securities in the session, was down more than 26 percent to 16.4 ruble per share, reported on the website of the exchange.

10:33 Moscow time, the exchange announced trading shares of Sistema JSFC in the main trading mode T+ in the form of a discrete auction, reports TASS. Discrete auction was announced and the drop in prices of more than 20 percent for ten consecutive minutes during the trading session and the close price of the previous trading day.

In early trading the company’s shares fell to 16.62 ruble, which was the lowest level since November 2015.

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