Action to suspend trading on stock exchanges in times of volatility may not be a bad thing, according to Dean Newman, head of emerging market equities at Invesco Perpetual.
Newman was speaking at the International Investment Middle East Gulf Forum in Abu Dhabi, shortly after the suspension of trading on the Kuwait stock exchange. Trading has also been suspended today on the Indian exchanges in Mumbai following yesterday's terror attacks. Russia suspended trading in August after heavy falls on two of its exchanges. "We shouldn't castigate Russia too much - closing the markets might have helped bring a bit of order," said Newman. "Russia can be hard to understand from a Western point of view - it sometimes seems what it is up to is alien, but there is usuall...
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