News Journal

Ukraine stock suffers after Russian attack on Georgia

The PFTS index of Ukraine fell on Friday by more than 5.5 % to close at 513.84 after the market feared that it will reach the same fate as Georgia after the Russian attacks. The neighboring Russian stocks were also affected by the attacks and it suffered major loss in the last few days.

Market analysts are predicting that a rebound in share market will be seen after the valuations and the Alfa Bank is expecting huge rise in indexes in next two months.