OREANDA-NEWS. August 12, 2010. UFC Capital released daily market view:

OVDPs are to be quoted on Ukrainska SE. On August 10, a total of 30 issues of the most liquid OVDPs from Ukraine’s Finance Ministry and one VAT bond issue were added to the listing of the Ukrainska SE (the UX). These securities were allowed to be traded on the quote-driven market. In addition to the possibility of setting firm quotes on the OVDP market, the Ukrainska SE also provides a possibility to establish the indicative REPO quotations. The stock exchange commission will not be charged on deals with OVDPs until the end of 2010.

Equity market. On August 10, throughout the entire trading day, the Ukrainska SE index was on the decline. The same dynamics were demonstrated by most European and Russian indices. The US Dow Jones also opened below zero. The pessimism on the global markets was likely due to investors’ expectations concerning the results of the Fed meeting.

On Tuesday, the Ukrainska SE index lost 2.15% to reach 2075.98 points. The volume of deals on this trading floor amounted to 112.5 mln hryvnia.

Stirol (STIR; BUY) was once again the leader in terms of the volume of deals. Iin total, 350 transactions took place with its shares for a total of 16.1 mln hryvnia. By the end of the trading session, its shares advanced by a mere 0.7% on additional news about the possible sale of the company.

The leader in terms of decline was Mariupol Illich Iron and Steel (MMKI; RECOMMENDATION WITHDRAWN), which closed down 8.0%. The turnover for these securities amounted to 83.0 thsd hryvnia.