During the 2008 financial crisis,the Icelandic stock exchange temporarily halted trading.What was the reaction of that market when trading resumed a few days later?
A)Increase in excess of 50 percent
B)Increase between 25 and 50 percent
C)Change between -25 and +25 percent
D)Decrease between 25 and 50 percent
E)Decrease in excess of 75 percent

Question

Quizplus · Accepted Answer

The Icelandic stock exchange experienced a sharp decline of over 75% in the value of its main index, the OMX Iceland 15, after it resumed trading a few days later following the 2008 financial crisis. This was due to the collapse of the country's banking system and the resulting economic turmoil.

During the 2008 Financial Crisis,the Icelandic Stock Exchange Temporarily Halted