Reducing showed stocks of 7 companies from the index basket of the index / zn.ua
Index of Ukrainian UX stock exchange as of 16:13 Thursday collapsed by 8.24% - to 530.69 points, updating a 6-year low, according to the online trader’s website.
Stocks of all seven companies from the index basket showed decline. The shares of Ukrnafta and Centrenergo fell hardest (17.27% and 13.95% respectively).
Executive Director of Univer investment company Oleksiy Sukhorukov has told an UNIAN correspondent, the reason for this fall could be a deal on selling securities of on big player, as a trading volume in the market is small.
"Trading volumes are very small. This may be the sale of just a single, and not the largest, investor," he said.
Read alsoUkrzaliznytsia bonds named best-performing investment in 2015 - BloombergSpecialist on debt securities sales of the investment department at Dragon Capital Serhiy Fursa suggested that one of the reasons for the decline of the index can be a negative sentiment in the market due to the reports on transformation of enterprises of Metinvest mining and metallurgical group from public joint stock companies into private JSCs, without redemption of shares from shareholders.
“Someone started a rumor that they will change public JSCs to private JSC without redemption of shares. [the rumor had it that] the Commission [National Commission on Securities and Stock Market] allowed them to do it. But the commission did not. It's a rumor," said the expert.
As UNIAN reported earlier, the index of the Ukrainian Stock Exchange by the end of trading on Wednesday, March 23, upgraded a 6-year low, falling 3.97% - to 578.37 points.