OREANDA-NEWS. October 25, 2010. Concorde Capital released daily Ukrainian market view:
The UX dropped 0.76% last Friday to close the week at 1,832.92, ending its string of gains at two sessions. Ukraine’s benchmark equity index is down 5.81% for the month. Total equity turnover was UAH 78.0 mln. The most active name by volume was Avdiyivka Coke (AVDK UK), which sank 0.89% lower on UAH 11.4 mln. The day’s worst performers were Alchevsk Iron & Steel (ALMK UK), down 2.54%, and Yasynivsky Coke (YASK UK), down 2.31%. Aside from Japan (Nikkei 225 -0.27%), Asian equity markets are opening in the green (Hang Seng +0.94%, CSI 300 +2.33%) and with European equity futures showing a positive outlook for the day, Ukrainian stocks could move moderately back into positive territory today. On the interbank forex market, the Ukrainian hryvnya strengthened slightly from UAH/USD 7.949 to 7.9475. On the political front, EU foreign ministers convene today and tomorrow in Brussels for their annual meeting. Among the topics up for discussion are preparations for the upcoming EU-Ukraine Summit on November 22.
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