OREANDA-NEWS. December 17, 2009. UFC Capital released daily market view:

Positive sentiments prevailed on the global largest stock exchanges. Investors did not practically react to CPI decline in euro zone to 0.1% this November (vs. 0.3% in October) – this Wednesday indices of all European larges stock exchanges closed in green zone. Meantime, inflation accelerating 0.4% in the United States this November (vs. 0.3% in October), and keeping by FOMC of the base interest rate at 0.25% failed to produce an expected positive impact on the markets. The indices of the US largest trading floors closed on both sides of zero. This Thursday we recommend paying attention to jobless rate in Italy, retail sales in the UK, and data from the US jobs market.

PFTS Council has made a decision about how the stake in this SE will be sold. The PFTS Association management presented to all its members two scenarios of selling shares in PFTS Stock Exchange OJSC at par value of UAH 10,000. In both scenarios after placement of new shares traders and the management will own 50%-1 share stake in PFTS SE, while Moscow Interbank Currency Exchange (MMVB) will purchase shares for UAH 16 mn, and gain control over 50%+1 share stake in PFTS. The transaction worth will be USD 10 mn. At the same time the first scenario approved by the association council on November 25, envisages that all members of the PFTS Association, which have no membership fees in arrears, will buy one share each (to this end they will reserve 8.28% of shares). Traders pro rata to their contributions in favor of the association and the stock exchange made within January 1, 2000 – December 24, 2009 will purchase other 17.73% of shares. After 2010, pro rata to the PFTS rating scores the traders will have additional possibility to buy 17.73% of shares. The PFTS management will get 6.25%. The second scenario approved by the PFTS Council on December 15, envisages that 33.12% stake will be redeemed by 256 members of the association (each one will get 4 shares), 10.62% of shares will be purchased pro rata to rating scores of the traders for the year 2010, while the management will have 6.25%.

Indices of Ukrainian stock exchanges showed a slight growth. Predominantly positive mood this Wednesday in the global largest markets influenced the dynamics of Ukrainian trading floors indices – on Wednesday both the largest stock exchanges were on the rise. On Ukrainska SE the shares of Ukrnafta (UNAF) became the best performer by both deals number and trade volumes – 61 deals for UAH 1.2 mn.

On PFTS SE the biggest number of deals – 64 – were sealed with shares of Motor Sich (MSICH). Meanwhile the shares of Enakievo Steel (ENMZ) became the leader by trade volumes – UAH 2.4 mn.