UFC Capital Released Daily Ukrainian Market View
OREANDA-NEWS. February 09, 2010. UFC Capital released daily market view:
SSMSC started “purging" market professional participants. The Securities and Stock Market State Commission has revised the licensing requirements for professional participants of the stock market. The Commission by its decision toughened requirements to premises where the market participants are operating: the premises must belong to non-residential property, have a signboard on the faзade with the company name, and inside – plan specifying the company office location and its business hours. The statutory documents of the company must be kept only at the address specified in its state registration certificate. Besides, the requirements to the company managers have also become tougher: not less than 3 years of relevant experience, no cases of the professional activities certificate withdrawal over the last two years, as well as the managers' track records shall contain no facts of liquidation of their companies by court ruling and of their professional licenses cancelling.
Equity market. February 8, the index of Ukrainska SE closed down 0.45%. Meanwhile, after its slight growth early that day, it was affected by bearish sentiments in the market. Overall, on the trading floor that day 972 deals were made for the total of UAH 20.4 mn. In the order-driven market most of all plunged the shares of Krukovka Carriages (KVBZ), Interpipe Novomoskovsk Tubes (NVTR) and Poltava Mining (PGOK) – down 4.8%, 3.2%, and 3.2%, accordingly.
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