Investment raised through stock market doubled
2012-06-20 15:12:03
Investment in the economy of Ukraine, received through the stock market in 2011, was twice more than in 2010.
This is stated in the annual report of the National Commission on Securities and Stock Market, published online.
"The volume of investments into Ukrainian economy through the stock market instruments in 2011 amounted to 173.37 billion UAH. This is almost two times more than in 2010, reflecting an increase in the role of stock market in this country's financial system as a whole," the document reads.
According to a report of the commission, in 2011 the volume of trading in the domestic equity market reached 2,147.54 billion UAH. Thus, this index increased 1.5 times compared to 2010 and exceeded the country's GDP by 854.93 billion UAH.
The volume of the organized stock market in Ukraine has increased by almost twice; its share has made 13.16% of all securities transactions in this country. As a result of trading on stock exchanges, the volume of contracts with securities over the past year reached 235.44 billion UAH, while in 2010 this figure stood at 131.20 billion UAH.
The total volume of issues of equity securities registered by the stock market commission last year is 1,014.78 billion UAH. This figure increased as compared with 2010 by nearly 200 billion UAH.
According to the commission chairman, Dmytro Tevelev, the trend that developed in 2011 offers hope for positive investor sentiments and expectations of a certain growth in 2012 both in terms of liquidity and trading activity. "I hope that this will be promoted by the work of an upgraded regulator in the direction of creating a high-quality regulatory framework for a liquid and profitable stock market, building strong and effective regulation and, no doubt, protecting the rights and interests of investors," he said.