Shares forced in halt by ASX glitchDateOctober 9, 2012 -...

Shares forced in halt by ASX glitch
Date
October 9, 2012 - 3:30PM
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Gareth Hutchens
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Confusion reigned on the Australian share market today with some stocks forced to halt trading because of a technical issue that saw all company announcements grind to a halt just after midday.

The ASX confirmed that no announcement had been made since 12.11pm, and that any company that issued a price-sensitive announcement was immediately put into a trading halt.

“Yes, it’s not publishing announcements,” said Matthew Gibbs from the ASX.

“There’s a technical issue that we’re investigating and will have normal functionality returned as soon as possible.”

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Market trading is continuing as normal with some exceptions.

“As a precaution, any stocks with market sensitive announcements to release have been placed in a halt to prevent any disorderly or uninformed trading,” Mr Gibbs said.

The ASX could not say how many stocks had been halted.

More to come



Read more: http://www.smh.com.au/business/markets/shares-forced-in-halt-by-asx-glitch-20121009-27ate.html#ixzz28m0Y4uRZ