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MMKI, AZST And MZVM To Join PFTS Basket April 2

MMKI, AZST And MZVM To Join PFTS Basket April 2

23 March 2008

The PFTS will include Marupol Illicha (MMKI: BUY), Azovstal (AZST: BUY) and Mariupol Heavy Machinery (MZVM: BUY) in the basket of stocks that make up the index on April 2. Nick Piazza: We applaud the move as it will add a bit more diversity to the energy-heavy basket, and signifies that fears about the metal and mining industry caused by Zaporizhstal’s (ZPST) dilutive share issue last summer are subsiding.

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