Major global indices have indicated growth as more monetary stimulus from central banks and progress made in dealing with the euro zone debt crisis were expected. Activity was expected to be subdued with U.S. markets closed for the Independence Day holiday, and meetings of European Central Bank and the Bank of England policy makers on Thursday. The prospect of further central bank monetary easing has also led to growing commodity prices with all five commodity groups futures included in the report.

AgroInvest comment: we expect further growth of market capitalization for Ukrainian holdings over this period due to increasing commodity prices and overall higher expectancy of foreign investors.        

For more detail please refer to the UAIndex Daily (July 04 issue).

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UkrAgroConsult