stock market index has slumped to below 40 from 100 at its launch in October, 1997 and treasury bill yields have soared to around 60 to 70 per cent.
11% of the Fund's equity investments are listed on RTS, MICEX, PFTS
At the 2000 PFTS
Securities Conference, I was privileged to meet a member of the Government's Anti-Monopoly Committee (ACM).
He noted that, while Americans continue to place only 3% of Assets Under Management into Emerging Markets, and that since December 31, 1999, the S&P 500 Index lost 23 %, while the Micex in Russia was up 694%, the Ukraine PFTS
Index was up 901%, Romania's BET 537%, Slovakia's SAX 443% and Estonia's OMX 378%.
The OVDP market was very active contributing UAH111 mn to total volume at PFTS
Ukrainian equity benchmark index PFTS
doubled in the first half of the year,
Ukrainian domestic markets yesterday both closed in the black: PFTS
The company was founded in 2004 by Igor Mazepa, and in only two years of existence the company has become one of the largest in terms on trading volume on Ukraine's primary exchange, the PFTS