Millennium Capital Released Ukrainian Week Review
OREANDA-NEWS. On 7 September 2009 Millennium Capital released daily review:
Last week market was highly volatile. Low trading activity was observed because of essential hryvnia depreciation. Acute market correction at the week start was affected by down side trend of the world trading platforms and oil price decline. By the week end market stepped in to side way trend as investors start to fix the profit. There by, as a result of the week Ukrainian market indexes lost 4,25% and 2,97%, UX and PFTS, correspondingly. UAH/USD exchange rate reached lowest level since the hryvnia history beginning. CPI-inflation decreased by 0.2%, m/m in August 2009, while PPI accounted for 1.7%, m/m. Money Supply decreased by UAH 1.4bn, though foreign currency deposits grew UAH 8.8bn.
Millennium Capital is an integrated financial services provider. Established in 2000 by a group of professionals with solid background in securities and corporate finance, Millennium Capital is now one of tickets selling for its flights due to high arrearage to the creditors of the company.
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