UFC Capital Released October 21 Ukrainian Market View
OREANDA-NEWS. October 22, 2010. UFC Capital released daily market view:
The UX Index was in the ‘green zone’ throughout the trading session on October 21. All securities in the index basket increased in value on Thursday. Overall, the UX Index grew 1.65% to 1847.01. Trading volume was 131.5 mln hryvnia on the day.
The leader in trading volume was Avdiivka Coke (AVDK; HOLD) in the order-driven market of the Ukrainian Exchange. These securities were traded in the amount of 21.4 mln hryvnia.
We also saw an active investor interest in Ukrsotsbank (USCB; HOLD), Stirol (STIR; BUY), and Centrenergo (CEEN; BUY). The shares of these companies increased by 3.84%, 2.55%, and 2.50% respectively.
The total growth of more than 3% in the two last days, as well as trading volumes exceeding 100 mln hryvnia, could signal the end of the bearish moods that were prevalent last month.
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