OREANDA-NEWS. On 06 August 2009 was announced, that Ukraine's two major equity indices are continuing to ride upward this morning – the UX is up 2.01% as of 11:00 Kyiv time and the PFTS is 0.13% higher. Yesterday both platforms closed in the positive (UX +1.58%, PFTS +1.22%) on the back of positive news from abroad and locally - that Ukraine settled its USD 605 mln July gas bill with Gazprom, that the government redeemed its USD 500 mln Eurobond, and that the IMF's third USD 3.3 bln tranche had arrived in the country. The equity volume on the UX exceeded UAH 21 mln, across over 750 trades for the session – both record highs for the platform. Ukrnafta (UNAF) remained the UX's bellwether, printing UAH 4.97 mln over 194 trades. Enakievo Steel (ENMZ), up 0.73%; Centrenergo (CEEN), up 0.42%; and Ukrsotsbank (USCB), up 1.92% also recorded over UAH 2 mln in turnover. With European and Asian stocks advancing this morning, look for Ukrainian names to keep pushing higher as well.

Concorde Capital is a full service investment bank operating on the Ukrainian, Russian and CIS markets. In 2007 Concorde Capital’s analytical team was recognized as the Top Team covering Ukraine by Thomson Extel's Pan European Survey. Senior Analyst Alexander Paraschiy was recognized as the Leading Pan-European Investment Analyst – European Emerging Markets. Concorde Capital is a leader when it comes to private placements and M&A deals. Concorde Capital’s sale of a stake in Electron Bank to Volksbank International AG was named the Best Ukrainian M&A deal of the year 2007 by the Adam Smith Institute.