It is second day of unprecedented growth of Ukrainian stock market. While European indexes were moving lower, Ukrainian ones were setting new record highs for 2009-10. As experts of Astrum investment management company point out, Ukrainian stock market continued on its winning streak setting fresh records on solid gains in steel, electricity generation and machinery shares.
At the end of the day, the UX index jumped a whopping 3.8% setting a new record at 2,022 points, while the PFTS index also added 3.8% to close at 782 points. Equity volume on the UX totaled strong UAH 70m. Motors Sich (+6.3%) was among the biggest growth catalysts on the news about new future contracts for aircraft and helicopter engines. The biggest outsider was Bank Forum, down 3.2% on the unwinding of speculative long positions.
FX market is quiet under tight control of NBU. The hryvnia continued to stand firm at the UAH/USD 7.98 mark. The NBU made its regular pro-dollar intervention at this rate and market players continued to stick to this reference point.
PS Of course it is necessary to mention CDS that are cheaper now. Is it Yanukovich's arrival or Timoshenko's departure?
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