News Tag: stock exchange
October 14, 2008
The Icelandic stock exchange has reopened today for the first time since trading was suspended last Thursday.
Last Thursday, it was announced that trading had been suspended on the OMX Nordic Exchange in a bid to prevent further crises. The country faced a near-collapse of its banking system after the country’s three largest banks were nationalised.
As trading resumed today, the stock market ...
Trading resumes on Iceland’s stock exchange
by Kay Murchie
October 13, 2008
Iceland had a disastrous week last week after the nationalisation of the country’s three largest banks. On Thursday, it announced that trading had been suspended on the OMX Nordic Exchange in a bid to prevent further crises.
It was expected that the stock exchange would reopen today but it remains closed due to ‘unusual market conditions‘.
Meanwhile, talks between Britain and Iceland ...
Iceland stock exchange remains closed
by Kay Murchie
