Why action “UkrAuto” risen 30 times?
March 3rd, 2010
In late February, the East-European stock exchange there was a tremendous difference in the value of shares corporation UkrAvto "in comparison with other trading platforms.
So, February 25, the minimum stock price "UkrAuto" was recorded at the Ukrainian market and is 132 UAH. per share, and the next day was the lowest rate in the East-European stock exchange (VEFB) - 3964 UAH. per share. At other sites on February 26 shares "UkrAvto not traded again," Case ".
As the newspaper notes, "sky-high" stock price "UkrAvto for VEFB nothing new, but give a logical explanation of why the price VEFB" UkrAvto "for a long time up to 30 times higher than at other sites, can not even manage
So, February 25, the minimum stock price "UkrAuto" was recorded at the Ukrainian market and is 132 UAH. per share, and the next day was the lowest rate in the East-European stock exchange (VEFB) - 3964 UAH. per share. At other sites on February 26 shares "UkrAvto not traded again," Case ".
As the newspaper notes, "sky-high" stock price "UkrAvto for VEFB nothing new, but give a logical explanation of why the price VEFB" UkrAvto "for a long time up to 30 times higher than at other sites, can not even managethat Exchange.
Explained FinanceĀ director of the department to work with international clients, "Millennium Capital Dmitry Jericho, objective grounds for the rise in price of shares UkrAvto" was not.
"This is a purely technical run of the shares at an inflated price. So sometimes engaged in investment funds to increase the portfolio value," - said Dmitry Jericho.
According to "Delo", SSMSC produced a change in position on the stock exchanges, which establish a uniform methodology for calculating the exchange rate and determine the parameters under which the rate can be calculated. However, the change in legislation will take time and look forward to improving the situation is not worth it.
As reported Finance, in January UAIB SSMSC asked to investigate the stock price jumps of a number of enterprises, in particular, "UkrAuto.
Do you think those who benefit from "transcendental" stock price "UkrAuto on VEFB?
Tags: the exchange rate, the stock exchanges, the stock price