PFTS opens up on moderate trading
The PFTS started the week up on fairly active trading, Tiger Asset Management reports.
As of 12:00 on Monday, 31 deals were concluded, including those conducted in pre-trading period. Total trading volume at noon was $12 million, with $11.5 million in Ukrsotsbank corporate bonds and governmental bonds.
Leaders of the trades are Ukrnafta up over eight percent, Krukivsky Carriage AWorks up nearly five percent, Azovstal up over seven percent and Alchevsk Metallurgical Plant at nearly 12 percent.
The market followed the global upward trend and was aide3d by the stabilization of the hryvnia.
The PFTS’ year-high peak of 1198.22 came on Jan. 17 and followed a 130 percent rise in 2007. However, since the beginning of 2008, the PFTS index has fallen by more than 75 percent from the Jan. 1 start at 1160.34.
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