Israeli stock market stopped after 11 percent drop
By Associated Press
Thursday, November 20, 2008 -
Thursday, November 20, 2008 -
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ShareJERUSALEM - Stock exchange officials called off trading briefly at the Tel Aviv market after stock prices plunged 11 percent. The huge drop triggered an automatic suspension. When trading resumed after 45 minutes, an extra hour was added to make up for the suspension.
Media reports said a single sell order of about $10 million triggered the collapse.
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