OREANDA-NEWS. December 10, 2009. UFC Capital released daily market view:

Global largest stock indices are in red zone. On Tuesday, December 8, weak statistical data for October were released dealing with industrial production in the UK (0.0% vs. 1.6% in September) and Germany (-1.8% vs. 2.7% in September). Probably, investors having taken into consideration the latest poor data on the situation in the European largest economies are meditating again about groundless rally in stock markets. These meditations outcome led to decline in indices of the European and American largest trading floors. Investors’ negative sentiments stayed unchanged despite the new global largest economy salvation plan proposed by Barak Obama, the US President, and the Japanese government statement about boost in state bailout volumes. Already on Wednesday an information was published about GDP in Japan in 3Q2009 (0.3% vs. expected 0.7%). On this news Nikkei 225 closed above zero again. Today we recommend paying attention to CPI in Germany.

UMVB SE insists on merger with PFTS SE. Peter Pereverzev, board director of Ukrainian Interbank Currency Exchange (UMVB) stated that last week the stock exchange forwarded its second proposal on acquisition of 50% stake in PFTS SE. UMVB SE suggests establishing a group where PFTS will perform function of a stock exchange, and UMVB – foreign currency and commodity exchanges, while settlement and clearing center will be developed jointly by them.

Ukrainian stock exchanges are still falling down. The information that the European Bank for Reconstruction and Development is going to invest about €1.1 bn into Ukraine in 2010 has failed to inspire the local investors. The indices of the Ukrainian largest stock exchanges that day declined in accordance with the global tendencies. December 8, on Ukrainska SE 985 deals were made with shares of Ukrainian companies for the total of UAH 19.0 mn. The shares of Enakievo Steel (ENMZ) resulted to be the most liquid ones – 133 deals. On PFTS that day 289 deals were sealed with all types of securities for the total of UAH 112.8 mn. The biggest number of deals were sealed with Azovstal’s shares (AZST) – 57 deals.