LSE cancels some Polymetal trades after share price surge

The London Stock Exchange said on Monday that it had cancelled all Polymetal trades executed between 0841 GMT and 0902 GMT after a spike in shares of the Anglo-Russian precious metals miner.
The LSE had said in a notice to members earlier that it was investigating trades in Polymetal after the shares surged 700% and that some of them could be cancelled.

At 1055 GMT, the shares were up 31% at 223.11p, having jumped to as high as 1,400p earlier in the morning.

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