The WORLD has RECOGNIZED Ukraine!!! - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine
In the world acknowledged that Ukraine has the stock market, potentially interesting for foreign institutional investors...In the world acknowledged that Ukraine has the stock market, potentially interesting for foreign institutional investorsRussell Global Index included sixteen shares of Ukrainian companies in its global index that previously did MSCI Barra and S&P. This means that the global pool of investors recognized the viability of the Ukrainian stock market, say market participants. Therefore, already in the index issuers can rely on the inflow of investments that have a positive impact on sagging stock market of Ukraine.Russell created in 1936 as a subsidiary of the insurance company Northwestern Mutual Life. On 31 March 2008, Russell has managed assets of $213 billion and provided services in more than 40 countries. The Russell Global Index launched in 2007 and includes 10 thousand securities from 70 countries. The Russell indexes are index funds and as targets for passive and active strategies.American company Russell Investments announced that in the calculation of the Russell Global Index for the first time will be considered shares 16 Ukrainian companies. But only 10 of them are blue chips PFTS: Avdiivka coke, Azovstal, "Dniproenergo", "Centrenergo", yenakiieve iron and steel works, "Kyivenergo", "Motor Sich", "Raiffeisen Bank Aval", "Ukrnafta" and "Zakhidenergo". The remaining papers of the second echelon - Dnepropetrovsk metallurgical plant them. Petrovsky, mine "Krasnoarmeyskaya-Zapadnaya #"1, Rodovid Bank, South mine, Stakhanov carriages and "UkrAVTO". "Russell large database of securities. I don't think they are long and carefully selected Ukrainian stocks, because they have a standard approach to this, for example, the trading volume for the year 2007",- the chief of analytical Department IK Dragon Capital Andriy Bespalov.Not included in the index are "chips" of the Ukrainian stock market as MMK im. Ilyich, concern "styrene", "mariupoltyazhmash", "Luganskteplovoz" Ukrsotsbank "Ukrtelecom", Sumy NPO im. Frunze street, Poltava mining and Donbassenergo". "But it will allow foreign investors to take a closer look at a rather interesting Ukrainian market. Especially now, when he sank," - said the President of the Foundation "Amadeus-the PFTS Index" Mikhail royko.Analyst Alexander Klimchuk from IR Concorde Capital believes that this is an important moment for the Ukrainian stock market. "If Russell already included Ukraine to the index, then it is a positive ending for the Ukrainian market. Among the world's top three agencies index - MSCI Barra, S&P, which has already included the shares of Ukrainian companies, and Russell Investments,- said the expert.- In the world acknowledged that Ukraine has the stock market, potentially interesting for foreign institutional investors." According to Russell, its indexes are now used 98% of the world's public funds.An analyst from the Russian "Renaissance Capital" Hovhannes Hovhannisyan said that the Russell Global Index are quite popular indicator, but it invests are not many global funds, as in the MSCI Barra. "So the impact on the Ukrainian stock prices will be moderate, but in General the Ukrainian market this will have a positive impact,- said Mr. Hovhannisyan.- Due to the global financial crisis, emerging markets have become more popular, and American investors are thus looking for new investments".The emergence of Ukrainian companies in the U.S. index will become an additional factor for the growth of the market in the fall. "There is a very high probability that in the autumn we will start to grow," says Michael royko. According to Alexander Klimchuk, the investment funds are rebalanced on a monthly basis or a quarterly basis. "If some Fund tracks the Russell Global Index, in a month or this quarter it needs to invest a portion of their funds in the Ukrainian market," he notes.Although Andrew Bespyatov strong influence on the situation in PFTS does not expect, because in the structure of portfolios of foreign funds focused on the Russell Global Index, the Ukrainian securities is only 0.01%, maximum 1%. "But even if investment is $50 million, these 16 shares will grow very well in price.