Ukraine`s UX index peaks since year-start

During trading on Tuesday, July 5, Ukrainian Stock Exchange index hit its highest level since the year start, registering at 735.94, according to a posting published on the Ukrainian Stock Exchange`s website.
According to Executive Director of Univer investment group Oleksiy Sukhorukov, the growth of the index has been propped up by positive expectations of market participants regarding issuers` financial statements and dividend payments.
Sukhorukov also reckons that the overall macroeconomic stabilization in the country, the strengthening of the hryvnia, a decrease in the yield on government bonds and deposits must have had a positive effect on the index too.
As UNIAN reported earlier, index of Ukrainian UX stock exchange on March 24 collapsed by 8.24% to 530.69 points, updating a 6-year low.
The index includes shares of Raiffeisen Bank Aval, Motor Sich, Centrenergo, Ukrnafta and Donbassenergo.

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