Norilsk Nickel Stock Plunges on Rumors of Abramovich Arrest

Shares in Russian metals giant Norilsk Nickel and steel maker Evraz plunged to a four-month low in Monday afternoon trading in Moscow and London on rumors that tycoon Roman Abramovich had been detained in the United States by the Federal Bureau of Investigation (FBI). Norilsk Nickel shares fell by 2.3 percent. Rumors of the arrest were swiftly scotched by Abramovich’s spokesman. An FBI spokeswoman in Washington confirmed by telephone that Abramovich had not been either arrested or detained, though she would not say whether he had been questioned. Following denial of the arrest, Norilsk Nickel bounced back slightly. Rumors of the arrest were originally reported by Russia's RBK TV about an hour before the Moscow Exchange closed.

http://en.ria.ru/business/20130325/180245383.html