The UX Index growth exceeded 15%

Today, on May 26, 2010, The UX Index  grew by 18.21% and reached a value of 1,710.94 points.

Due to the significant increase of the Index value (by more than 15%) the trading on the order-driven market of the Ukrainian Exchange was suspended for 1 hour from 3.00 pm to 4.00 pm.

Please note that currently the following rules for suspension of trading are applied on the order-driven market, which are  approved by the Quotation Commission of the Ukrainian Exchange:

• Trading on the order-driven market is suspended for 1 hour if there is a 15% up or down movement of the UX Index value during a trading session. If after the trading is resumed, the up or down movement of the UX Index value reaches 20%, then trading on the order-driven market is closed till the end of the current trading day.
• Trading in stocks of a specific issue is suspended for 1 hour if there is a 30% up or down movement of the stocks’ market price against their opening price during a trading session. If after the trading is resumed, the up or down movement of the stocks’ market price reaches 40%, then trading in stocks of a specific issue is closed till the end of the current trading day.

The UX Index has been calculated by the Ukrainian Exchange from March 26, 2009, the date of the launch of equity trading on the Ukrainian Exchange. Its initial value was taken as 500 points as of that date. At the moment the UX Index includes 15 most liquid securities.

For further information, please contact the Public Relations Department at (044) 495-7474.