UFC Capital Released December 13 Ukrainian Market View
OREANDA-NEWS. December 14, 2010. UFC Capital released daily market view:
On December 13, the Ukrainian Exchange Index again showed a positive trend throughout the trade session. The majority of stocks in the index finished the day in the green zone. Overall, the indicator grew by 1.65%, to reach 2283.78 points. The trading volume on the spot market amounted to 204.1 mln hryvnia, which is 47.9 mln hryvnia more than in last Friday’s session; the futures market added another 24.3 mln hryvnia.
We also note that the trading volume leaders for the day were once again Ukrnafta (UNAF; BUY) and Motor Sich (MSICH; BUY), with the companies’ shares being traded for a total 39.0 mln hryvnia and 37.4 mln hryvnia respectively.
In the Ukrainian Exchange, Azovzagalmash (AZGM; SELL) was the unquestionable top performer on the day, with shares growing 35.14% in price. At the same time, Mariupolvazhmash’s (MZVM; HOLD) share price dropped 17.68%, making it the worst performing stock of the day. News regarding the lease of Mariupolvazhmash property complex to Azovzagalmash was the main catalyst for the dramatic movement in share price of the two companies. Moreover, we also saw a sizable growth in share values for UkrAVTO (AVTO; HOLD) and Donbasenergo (DOEN; BUY), whose shares increased 10.39% and 7.33% in value respectively.
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