OREANDA-NEWS. February 15, 2011. UFC Capital released daily market view:

Mykola Azarov met with the IMF. According to the official website of the Cabinet of Ministers, the IMF mission and representatives of Ukraine managed to come to a compromise on most of the issues concerning the Memorandum on Economic and Financial Policy, which includes a periodic review of the cooperation program between Ukraine and the IMF. The Head of the IMF mission Thanos Arvanitis expressed his satisfaction with the progress in negotiations.

Nadra Bank to increase authorized capital. The bank's provisional administrator decided to issue additional shares on February 11. The plan is to increase the bank's capital by UAH 3.5 bln (9.9 times the current level), to UAH 3.89 bln. Shares will have a nominal value of UAH 10, and will be issued privately in two stages, starting February 23 and ending March 10. The Head of the NBU Sergey Arbuzov stated that the NBU approved the recapitalization plan and private investors confirmed this decision, the NBU did not rule out the possibility of using government funds to increase the bank's authorized capital.

Equity market. On Monday, we observed demand for stocks which had been sought after in previous days on the Ukrainian Exchange. Overall, the indicator grew 1.92%, to 2841.75 points. A significant trading volume was recorded on the futures market at UAH 135.8 mln; trading volume on the spot market was UAH 250.5 mln.

Transactions involving Ukrnafta (UNAF; SELL) stock accounted for more than 40% the trading volume on the spot market. Shares of the issuer spurred growth on the Ukrainian Exchange by increasing 7.49%. The publication of the company's 2010 financial report increased demand for equities.  Dniprospetsstal (DNSS; SELL) outperformed even Ukrnafta – gaining 14.19%.

Stakhanov Railcar (SVGZ; SELL) and Ukrtelecom (UTLM; UNDER REVIEW) were among the poorest performing stocks in the UX, dropping 1.86% and 1.10% in value respectively.