The Ukrainian stock market on Wednesday traded in line with its European counterparts which extended their gains for the fourth consecutive trading session, says report by Astrum investment management company.
European and American markets were higher on Wednesday due to the better than expected data on retail sales and PMI Services in Germany, as well as ISM Services index in the US. As a result the DAX index rose more that 0.8% to as high as 5,830 points and the oil price advanced to above USD 80 per barrel once again.
The UX index added 1.1% to close at 1833 points, with the gains pretty much across the board. The PFTS index gained 0.7% to 718 points. Trading activity was well above average, equity volume on the UX totaled UAH 47m. Bank Forum was the leading and most actively traded issue, shooting up 7% on UAH 6m trading volume.
The stock was up on the rumours of the sale of the minority interest by Leonid Yurushev to Commerzbank which should open the way for the Bank's recapitalization.
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