13.11.2007, 22:03
PFTS Stock Market Roundup for November 13 Posted
OREANDA-NEWS. The Ukraine's PFTS Index shed 1.35% for the day of November 13, closing at 114.83 on a USD 6.8 mln equity volume, Concorde Capital reports. In just five trades, Mostobud (MTBD: N/R) led volumes with USD 1.2 mln, its price falling 2.67%. Most industrial shares continued to see profit taking as well. While Kyivenergo (KIEN: BUY) managed a minor gain, other GenCos were down, led by Centrenergo's (CEEN: HOLD) 3.77% decline. Stirol (STIR: HOLD) showed the day's best performance, rising 4.79% from the last Friday following the release of 10-month results late last week. Yesterday, at 12:30 local time, KievPrime, Ukraine's local LIBOR+ analogue was launched. The rate will be calculated daily by Reuters based on the offer rates of Ukrainian Hryvnya deposits provided by eight Ukrainian banks. KievPrime is designed to be used as a reference rate for floating-rate credits and derivatives facilitating the development of such products.
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