OREANDA-NEWS. January 13, 2010. UFC Capital released daily market view:

Ukrainska SE to launch simulated trades in derivatives market. January 12, 2010, Ukrainska SE launched a new service Simulated trades in derivatives market. It will be possible to seal virtual deals with futures contract for RTS index. Simulated trades will take place on a daily basis, except for weekends and holidays, from 11:30 a.m. to 7:45 p.m. (main trades session) and from 8:00 p.m. to 12:50 a.m. (evening additional session).

SCSSM to provide equal rights to all asset management companies.  State Committee for Securities and Stock Market (SCSSM) has suggested permitting companies managing assets of pension funds to invest their reserve funds cash into bank metals, state securities, listed shares, and bonds. Earlier, the said asset management companies were obliged to place a 100% of their reserve funds as deposits, unlike companies managing mutual funds, which can freely use all the aforesaid instruments.

Equity market. December 12, amid declining consolidated European index, RTS index, and Dow Jones opening in red zone, the index of Ukrainska SE (UX) shed 0.79%. The western investors’ pessimism could have been provoked by news that China toughens its cash and lending regulation policy. That day on UX 1,470 deals were made for the total of UAH 29.5 mn. The shares of Poltava Mining (PGOK), Northern Mining (SGOK), and Luganskteplovoz (LTPL) demonstrated the most significant decline in the order-driven market – 5.6%, 4.9%, and 4.4%, accordingly. We must say that the growth leader of the preceding days – Alchevsk Steel (ALMK) – added over 2% on Tuesday as well.