It's beta of the site. Let us know your opinion.
Weather       +5 °C
Currency:  1USD  7.7  1EUR 10.27
Search:  
 
 Sign In   Register

Business

PFTS awaits IMF decision, freezes stock trading

22 October 2008, 13:00 | Elena Plekhanova, Kyiv Post Staff writer
PFTS awaits IMF decision, freezes stock trading
The beginning of the Wednesday session was extremely weak, Tiger Asset Management reports.

By noon, the volume of trading reached $22 million with over 90 percent being represented by public bond deals.
The stocks operations were frozen as the market waited for the International Monetary Fund’s decision to help Ukraine's troubled economy with an infusion of up to $14 billion.
The market fell slowly during trading. Among the losers was Ukranatfa, which plunged over nine percent as global oil prices fell.
The news on Azovstal’s plans to payout the dividends kept the company’s stable.
The Index is expected to drop as much as 2.5 percent by the end of the day.
The PFTS has fallen 75 percent from its 2008 high of 1160.34.

  Comments (0)
Add your comment
Left 1000 symbols
.
Advertising

MOST POPULAR ARTICLES: