Stocks Trading Halted in Kiev

KIEV -- Trading on Ukraine's stock market was suspended for the second time in a week after the benchmark PFTS Index slumped as much as 6 percent Thursday.

Trading, which was also interrupted between 12:50 and 1:50 p.m., would be halted until the end of the day, the bourse said.

Declines on Thursday were led by Luhanskteplovoz, the country's biggest train producer, which tumbled 17 percent.

Through Wednesday, the 20-stock PFTS Index lost 16 percent since Sept. 3, when President Viktor Yushchenko threatened to dissolve the parliament after his party quit the government.

The measure has dropped 40 percent this quarter as Russia's invasion of Georgia and the feud between Yushchenko and Prime Minister Yulia Tymoshenko shook investor confidence.