Polish stock exchange eyes buy-in to Ukraine market

Polish Warsaw Stock Exchange (WSE) is considering a buy-in to Ukraine’s growing stocks and securities industry, a WSE official said Wednesday, according to Budapest Business Journal. Poland’s leading trading site for company shares, the WSE is conducting talks on the purchase of Ukraine’s Indeks stock exchange, said Ludwik Sobolewski, WSE President. Results of the talks will be made public by September, said Beata Jarosz, a WSE board member, speaking at a Kiev press conference. The Indeks stock exchange is one of Ukraine’s smaller company share trading venues with a capitalization of little more than a million dollars, but is based in the city of Donetsk, the centre of Ukraine’s booming metals industry. Currently, nine stock exchanges operate in Ukraine with some $7 billion in securities traded in 2007. Indeks accounted for... [read full story]