Shares of Ukrainian Companies Included into Global Index
OREANDA-NEWS. On July 08, 2008 The American index agency Russell Investments included 16 Ukrainian companies into its global index. It means a perspective of capital inflows into those companies from foreign investors which will be able to use them as financial instruments.
Shares of ten firms appeared to be in the list, which are "blue chips" of the First Exchange Trade System (PFTS) of Ukraine. The rest are the second rate securities. Among companies included into the Russell's index are Azovstal, KyivEnerho, UkrNafta and a number of other leaders of the Ukrainian industry.
Earlier, the companies of the Ukrainian exchange market have been already included into the global lists by another two large agencies, such as the MSCI Barra and the S&P.
Despite the fact that the Ukrainian shares will occupy a rather modest share in the Russell's total rating, about 0.01 percent, coming of investors will allow them speeding up their growth.
It should be noted that the PFTS index that is made up of auctions of the largest Ukrainian public companies dropped by almost 30 percent over the last year.
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