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

Voting procedure at general meetings of companies where the state owns over 50% stake becomes more rigorous. According to regulation no. 297 of the Cabinet of Ministers dated March 29, the Prime Minister or Vice-Prime-Ministers will agree on the decisions of state-authorized representatives made at shareholders’ (owners) general meetings of companies where the state owns more than a 50% stake. According to the SPF, at the start of 2010, the state owned 50+% stakes in 322 business entities (34 of which are considered to be of strategic importance for the country’s economy and security). Of these, the state owns 100% stakes in 169 companies.

SSMSC approves new authorized rating agencies. The Securities and Stock Market State Commission (SSMSC) of Ukraine has approved the decision of the tender committee for selecting authorized rating agencies whereby LLC Rating Agency IBI-Rating and LLC Rurik were recognized as the winners of the respective tender. Previous to this, only one agency – Credit-Rating – had held the status of an authorized rating agency. Thus, the total number of Ukrainian authorized agencies has grown to three.

Equity market. On April 13, the Ukrainska SE index climbed by 0.79%. Intraday, the indicator was in the green zone. Overall on Tuesday, 2,619 deals were sealed on the Ukrainska SE for a total of 74.9 mln hryvnia. On the order-driven market, the growth leader was Zakhidenergo (ZAEN), which advanced by 1.9%. At the same time, the shares of Alchevsk Coke (ALKZ) suffered the biggest fall, down 10.4%.