Trading in Barclays and RBS shares was suspended on Monday morning following heavy losses on the London Stock Exchange.
Barclays share price was down 10.3 per cent and RBS was down 15 per cent on Monday, triggering automatic circuit breakers that kick in when a share price falls more than 8 per cent. When that happens, automatic continuous trading is suspended and the affected shares are placed into an auction to recalculate the value of the stock. Barclays and RBS shares were offline for about five minutes, a spokesperson for the London Stock Exchange said. Barclays was trading at 138.95p, down 9.76 per cent, while RBS was trading at 178.14p, down 13.30 per cent in mid-morning trade. Lloyds was down 8.91 per cent at 51.88p, after falling more than 20 per cent on Monday.
Barclays and RBS stocks suspended from trading after over 8% losses
Barclays was down 10.3 per cent and RBS was down 15 per cent
