OREANDA-NEWS. March 22, 2010. UFC Capital released daily market view:

Equity market. On the last day of the trading week the European consolidated and RTS SE indices mirrored the uncertainty of European and Russian investors. The slight optimism demonstrated by these indices at the opening evaporated by the end of the trading session, and the indices of most stock exchanges closed in the red. Nonetheless, on March 19, the UX index climbed by 1.14% and managed to break through the 2200-point mark to close at 2212.09 points.

Ukrainian investors were not put off by the news that Ukraine has allegedly been put on FATF black list, which may subsequently result in exclusion from the Association of Ukrainian Banks.

All in all, on Friday, 2,459 deals were sealed on the Ukrainska SE for a total of UAH 65.8 mln. The shares of Ukrsotsbank (USCB) and Interpipe Novomoskovsk Tubes (NVTR) advanced most of all in terms of price growth – by 7.5% and 7.2%, correspondingly.

This week, Ukrainian investor sentiments will likely be influenced by the outcome of talks between top Ukrainian officials and the IMF mission, which should arrive in Kyiv on March 24.

Fixed income market. At the extraordinary OVDP auction held on March 19, 2010, the Finance Ministry placed three series of state bonds with a circulation period of 13, 18 and 24  months for a total of UAH 2.4 bln. A significant cut in the YTM at the auction to 11% for all series was a surprise. The coinciding yields, their low levels, and the same placement volume for two series give reason to assume that this auction was technical in nature.