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To: Bill Bishop who wrote (66)	1/12/1998 1:53:00 PM
From: Bill Bishop	of 92

Russian trading halted as prices plummet Asian worries cause sell-off By Misha Mayorov and Margaret Coker, CBS MarketWatch Mon Jan 12 12:48:09 1998 cbs.marketwatch.com MOSCOW (CBS.MW) -- Russian stock prices slid sharply Monday as global investors continued to yank money from emerging markets amid Asia's snowballing financial crisis. Over-the-counter trading was halted in the late afternoon for 30 minutes on the Russian Trading System after its benchmark blue-chip index dropped 7.5 percent from its opening level, a circuit breaker introduced after the market's free-fall in October sent the country into an economic tailspin. The index recouped just a bit of its losses before the end of the trading day, closing down14.35 percent to 319.02. On Friday, it closed at 349.29.

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