12.03.2010
Trading volume exceeds UAH 100 million
On March 10, 2010 the Ukrainian Exchange saw a record in trading volume and the number of trades concluded during one day. By the end of the main trading session the market participants had executed 4,433 trades with a value of UAH 100,735,624.
The equity Index calculated by the Ukrainian Exchange hit its previous maximum (2,070.65 points) and by the end of the main trading session reached a record value of 2,097.43 points.
"The last few days were marked by a number of records in the Ukrainian Exchange: trading volume on the stock exchange exceeded 100 million UAH, the number of trades executed during one daywas over 4 thousand, while the volume of deposited assets exceeded 1 billion UAH, - says Oleg Tkachenko, the Ukrainian Exchange CEO. - And it doesn’t surprise us, these quantitative indicators demonstrate the qualitative changes – the increase in liquidity of the local stock market".
Ivan Dmitrenko, Head of Trading Department of IK Altana Capital, comments on the growth of trading volume: "Beating the record of 100 million UAH trading volume is associated with a positive assessment of the current processes going on in the country by major foreign investors. It seems that we are witnessing the return of the capital which was leaving the country late 2007 - early 2008. The situation is similar to that in 2005, when the market grew after the new President came into office".
For Reference
The Ukrainian Exchange is a leading organized stock market and the liquidity center of Internet trading in Ukraine. Having started in March 2009, the Exchange became a technological leader of the Ukrainian stock market during the first months. It was the first to launch the quote-driven market, internet trading, online index calculation, repo market and a central counterparty technology.
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