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«AgroInvest» — News — China and U.S. slow their economic growth, stocks down

China and U.S. slow their economic growth, stocks down

2011-11-24 16:57:36

On Wednesday, November 23rd, 2011 there were no exceptions as all major indices have shown decline on the fears that U.S. and China’s
economies will be deeply affected by debt problems in Europe. Germany has become the next target as it has been stated that country might also
take bigger-than-expected loss as the result of financial institutions taking losses on their loans to countries now dealing with debt. UAIndex has
shown lower-than-average loss for the day of -0.17%, indicating somewhat stable investors’ confidence in Ukrainian agro holdings. Such tendency
has given reason to make statements about potential for IPO’s within the next 2-3 months for small companies (namely Warsaw Stock Exchange).
However we highly doubt that during this period of volatility and stock prices’ decline it is reasonable to take such steps.
 

 

 

UAIndex