OREANDA-NEWS. February 10, 2010. Concorde Capital released daily Ukrainian market view:
Global markets surged overnight and Asia & Europe are up this morning after German lawmakers said yesterday they were considering assisting Greece, whose rocky financial situation has loomed over financial markets. Ukrainian equities also responded to global optimism yesterday, with the UX rising 1.32% to 1,673.78 and the PFTS up 0.86% to 637.93. Trading volumes were still fairly low, with just UAH 26.5 mln recorded by the UX and UAH 11.1 mln by the PFTS. The two most traded names on the UX yesterday were Bank Forum (FORM UK), down 0.70% on a volume of UAH 4.1 mln, and Avdiyivka Coke (AVDK UK), down 0.08% on a volume of UAH 3.1 mln. On the interbank FX market, the hryvnya moved from UAH/USD 8.0825 to 8.0850. In political news, Prime Minister Yulia Tymoshenko still has yet to declare her position on the election results, as members of her eponymous political party appeared ready to contest the vote count in court. With 99.99% of the vote in, Viktor Yanukovych commands a 3.48 pp lead. As of 11:30 this morning, the UX was down 0.39% and the PFTS down 0.04%.
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