By Nandini Sukumar and Craig Stirling
Oct. 12 (Bloomberg) -- The London Stock Exchange plans to open for trading as usual tomorrow, a spokesman said.
``We are planning to open the market as usual on Monday,'' Patrick Humphris, a spokesman for the London exchange, said in a phone interview today.
Asked whether trading in individual bank stocks may be suspended, he said ``that's a matter for the FSA,'' referring to the U.K. Financial Services Authority.
Trading at the LSE may be suspended tomorrow to give time for investors to absorb details of a government rescue package for financial institutions, the Sunday Times reported today, without saying how it obtained the information.
An official at the Financial Services Authority declined to comment when contacted by Bloomberg News.
To contact the reporters on this story: Nandini Sukumar in London at nsukumar@bloomberg.net; Craig Stirling in London at cstirling1@bloomberg.net.
Sunday, October 12, 2008
London Stock Exchange Plans to Open `as Usual,' Spokesman Says
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment