News
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June 30, 2010
Market Comment
Ukrainian indexes began the week with broad losses on negative news from global markets. Concerns over the poor state of eurozone economies continued to wreak havoc, causing the UX index to slump by 6.61% yesterday (June 29) on a moderate volume of UAH 89 mln. All blue chips traded in the red with most stocks plunging more than 5%. Ukrtelecom (UTLM) suffered the biggest loss, falling 9.91%.
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June 30, 2010
Politics: Disgruntled opposition members disrupt Ukraine’s Parliament
Event: Members of Ukraine’s opposition coalition blocked the tribunal in Parliament (Verkhovna Rada) yesterday (June 29) in protest of what opposition leader Yulia Tymoshenko has called the “political prosecution” of the former government, Interfax reported.
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June 30, 2010
Machinery: Ukrzaliznytsia announces ambitious procurement plan
Event: Ukrzaliznytsia (UZ), Ukraine’s state railway operator, has revealed its plan to spend UAH 2.8 bln ($353 mln) on the procurement of new railcars and locomotives, Interfax reported yesterday (June 29, 2010). According to the news agency, UZ will place orders at Luhanskteplovoz (LTPL) for 23 locomotives with a total value of UAH 1.11 bln ($140 mln). The state operator also plans to renovate its rolling stock by acquiring 58 passenger cars (UAH 529 mln) and 2,277 freight railcars (UAH 936.5 mln).
