OREANDA-NEWS. May 24, 2011. Millennium Capital released daily review:

On Monday, May 23, the Ukrainian stock market witnessed a massive selling activity driven by the global run out of equities. The UX was sharply down by 2.98% to 2,485.52 pp. Total equity turnover was slim at UAH 156.2mn. All sectors were on sale including heavyweights MSICH and CEEN that lost close to 4% each. Iron & Steel sector was in the deep red as investors continued to reduce exposure to high risk assets pulling the sector stocks down by 3-4%. Banks were affected somewhat less but still shed 2-3%. On the foreign exchanges Ferrexpo dropped 3.49% on USD  3.94mn and Astarta (-3.65%) pulled back after the recent gains.

Millennium Capital is an integrated financial services provider. Established in 2000 by a group of professionals with solid background in securities and corporate finance, Millennium Capital is now one of tickets selling for its flights due to high arrearage to the creditors of the company.