News: Aktsionernaya Finansovaya Korporatsiya Sistema OAO (SSAq.L)

SSAq.L on London Stock Exchange

12.98USD
11:27am EDT
Price Change (% chg)

$-8.17 (-38.63%)
Prev Close
$21.15
Open
$15.05
Day's High
$15.50
Day's Low
$12.73
Volume
8,521,065
Avg. Vol
583,020
52-wk High
$32.61
52-wk Low
$12.73

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Russia's Bashneft says sees no impact from owner arrest

MOSCOW, Sept 17 - Alexander Korsik, the head of Russia's oil producer Bashneft, said on Wednesday that his company's operations have not been affected by putting the owner of Sistema holding under house arrest.

Shares in Russia's Sistema plunge with billionaire chairman under house arrest

MOSCOW - Shares in sprawling Russian holding company Sistema plummeted over 30 percent on Wednesday after its billionaire chairman was placed under house arrest, wiping more than $2 billion in value off the company. | Video

Kremlin says Sistema chairman charges not politically motivated

MOSCOW - Kremlin spokesman Dmitry Peskov said on Tuesday it was absurd to describe money-laundering charges leveled against the chairman of conglomerate Sistema as politically motivated, local news agencies reported.

Factbox: Sistema's business empire spans telecoms, oil, shops, hotels

LONDON - Shares in Russian oil-to-telecoms conglomerate Sistema tumbled on Wednesday after its head Vladimir Yevtushenkov was accused by Russian investigators of money-laundering in connection with the company's acquisition of oil producer Bashneft.

UPDATE 2-Shares in Russia's Sistema plunge with billionaire chairman under house arrest

MOSCOW, Sept 17 - Shares in sprawling Russian holding company Sistema plummeted over 30 percent on Wednesday after its billionaire chairman was placed under house arrest, wiping more than $2 billion in value off the company.

Russia's MTS says business unaffected by investigation into Sistema

MOSCOW, Sept 17 - Russia's top mobile firm MTS said on Wednesday that the investigation of Vladimir Yevtushenkov, chairman of the board of Sistema holding company, "doesn't interfere with the operational activities of MTS."

Moscow Exchange restricts trading in Sistema shares after they fall 27 pct

MOSCOW, Sept 17 - Russia's Moscow Exchange restricted trading in shares of the Sistema holding company after they fell 27 percent in the opening hour of trading on Wednesday.

Rosneft calls Khodorkovsky comments on Sistema owner arrest "absurd" - RIA

MOSCOW, Sept 17 - Russia's top oil producer Rosneft said comments by ex-Yukos chief Mikhail Khodorkovsky linking the house arrest of a the owner of Sistema to Rosneft's interests in the conglomerate's oil assets as "absurd", RIA news agency reported.

Shares in Russia's Sistema slide 28 pct after chairman placed under house arrest

MOSCOW, Sept 17 - Shares in Russia's Sistema holding company dropped 28 percent at the opening on Wednesday after its chairman was placed under house arrest and accused of money-laundering.

Russia's Sistema chairman under house arrest in Bashneft case

MOSCOW - Russian investigators said on Tuesday they had placed the chairman of conglomerate Sistema under house arrest, accusing him of money-laundering in a move the head of an industrialists' group condemned as being politically motivated.

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