OREANDA-NEWS. March 24, 2010. Concorde Capital released daily Ukrainian market view:
With Europe and North America in the green yesterday, the UX and PFTS both soared up, the former by 5.72% to 2,376.39 and the latter by 5.41% to jump above 900 points to 927.52. Equity turnover surged back up, with UAH 103.7 mln moving over the UX and UAH 21.0 mln on the PFTS. On the UX, Enakievo Steel (ENMZ UK) moved up 6.82% on a volume of UAH 8.0 mln. Ukrnafta (UNAF UK) climbed 11.22% while printing UAH 6.8 mln. Banks continued to see strong interest, with Ukrsotsbank (USCB UK) up 10.75% on UAH 6.1 mln and Bank Forum (FORM UK) up 3.37% on UAH 5.7 mln. Mostobud (MTBD UK) surged up 19.08% following news that it struck a UAH 1.5 bln financing deal with state-owned Rodovid Bank to pay for the construction of bridges in Kyiv and Zaporizhya. On the interbank FX market, the hryvnya remained at UAH/USD 7.94. In other news, a mission from the International Monetary Fund arrived in Kyiv yesterday to lay the groundwork for restarting Ukraine’s loan program; the mission was due to meet with senior government officials, including Vice-Prime Minister Sergiy Tigipko.
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