Millennium Capital Released Ukrainian Stock Market Daily Review
OREANDA-NEWS. October 19, 2009. Millennium Capital released daily review:
The Ukrainian stock market indices closed this week in a diverse trend. PFTS Index has grown by 0.59%, UX Index lost 0.54%. Overall, the indices registered a significant growth this week: PFTS rose 4.6%, UX was up 6.5%. High volatility was observed in the markets throughout the week. Market players fixed their profit, expecting the market to adjust. The Russian market ended the week with a decline in the key market indices: MICEX dropped down by 1.83% and PTS lost 1.79%. The European and the USA markets ended the week in the red zone due to negative corporate data. Thus, FTSE 100 went down by 0.63%, DAX lost 1.50%, CAC 40 was 1.45% down, Dow Jones lost 0.67%, NASDAQ shaved off 0.76%, and S&P dropped 0.81%. The hryvnia has appreciated tangibly on the Interbank market. Trades for 1 US dollar closed in the range of 8.08/8.10 UAH/USD and 12.02/12.05 UAH/EUR for 1 Euro. The banks liquidity level remains low at the level of UAH13.2bn. The losses of Ukrainian commercial banks for 9 months ended 30 September 2009 amounted UAH17.2bl.
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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