OREANDA-NEWS. January 14, 2010. UFC Capital released daily market view:

Equity market. Wednesday, January 13, the global markets reflected various sentiments of investors. The index of RTS SE (Russia) closed near zero, the European consolidated index closed in red zone, while Dow Jones opened on the rise. During the first half of the day bearish sentiments reigned on Ukrainska SE (UX), however, closer by the end of the session bulls prevailed and UX index added 0.86%. That day 1,690 deals were sealed on this SE for the total of UAH 35.8 mn. The quotations of Dniproenergo (DNEN), Stakhanov Carriages (SVGZ) and Forum bank (FORM) demonstrated the biggest increase on the order-driven market – 12.9%, 9.3%, and 7.0%, accordingly.

Fixed-income market. Early this week the Finance Ministry of Ukraine held its first auction in 2010 for OVDPs placement. During the placement it satisfied just 6 in 32 of filed application for the total of UAH 83 mn, the yields were: 22.5% p.a. for 6-month papers, 23% p.a. – for 9-month, and 25% – for 2-year OVDPs. In January 2010, the Finance Ministry will most probably not raise the yields on primary auctions, since there is no such acute need in hryvna as for instance at the end of 2009. Nevertheless, we expect that in future the yields can go up, in particular, on the eve of a whole series of OVDPs redemptions in April 2010.