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Moscow Exchange says suspends trade in Untied Credit Systems

MOSCOW, Feb 26 (PRIME) -- The Moscow Exchange has suspended trade in Untied Credit Systems’ (Obyedinennye Kreditnye Sistemy, OKS) shares, after their price has skyrocketed by 650% since February 6, the trading floor said in a statement on Tuesday.

On Monday, capitalization of United Credit Systems exceeded that of VTB, Yandex and Surgutneftegas.

The central bank said earlier that the growth exceeded normal levels and promised to sort out the situation.

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26.02.2019 11:50