KIEV, June 4 – The growth of the Ukrainian stock market seen over the past several months is of a speculative character and was created artificially due to the large sum of money printed by the National Bank of Ukraine, according to Dmytro Moshkalo, vice president and investment manager at Foyil Asset Management Ukraine.

"Shares could fall to new lows. So it's better to trim own positions as a whole on the market on the growth and wait for autumn," he said.