Millennium Capital Released Ukrainian Market Daily Review
OREANDA-NEWS. June 10, 2010. Millennium Capital released daily review:
On Wednesday, June 9, the Ukrainian stock market closed the day in the positive territory on the back of encouraging financial news from the global markets. The Ukrainian UX index gained 2.70% reaching 1,897.02 points, and the PFTS index went up 1.14% to 756.12 points. The Ukrainian markets were trading two major news on that day: the new Tax Legislation that, if approved and comes into effect, will reduce Income Tax from the current 25% to 20% starting from 2011, and then is to be further reduced by 1% per year so as to finally reach 17% by 2014; VAT is also to go down from 20% to 17%. The other news contributing to the activity in the market was the arrival of the IMF mission in
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