OREANDA-NEWS. May 05, 2011. Equity market. Throughout the trading week from April 26 to April 29, the Ukrainian Exchange Index did not perform as well as stock exchanges around the world. Overall, the UX managed to finish at 2753.09 points – which is an increase of only 1.65% over the closing value of the previous week.

The shorter week caused trading volumes on the spot and futures market to decrease in comparison with the previous week, both in terms of total volume and daily averages. The trading volume on the spot market amounted to UAH 822.3 mln (USD 103.3 mln), and on the futures market to UAH 293.1 mln (USD 36.8 mln), including UAH 6.7 mln (USD 0.8 mln) of trading using the new instrument (option on futures on the UX index).

During the majority of the week the indicator was pulled up by a small group of stocks, namely Ukrnafta (UNAF; SELL). The state-owned oil giant was the growth leader amongst stocks in the index, gaining 10.45% for the week and share price reaching its peak level since the beginning of the March. Sumy Frunze Machine Engineering (SMASH) and Kyivenergo (KIEN) stocks also grew significantly (by 12.92% and 12.61% respectively).

Motor Sich (MSICH; BUY) continued to be the most traded stock for the week at a volume of UAH 144.2 mln (USD 18.1 mln), which was the result of 2170 transactions. During the last few trading sessions, Ukrtelecom (UTLM; UNDER REVIEW) stock performed fairly well, leading share price to increase 2.94% over last week.

Bogdan Motors (LUAZ) and Avdiivka Coke (AVDK; HOLD) were the poorest performing equities – losing 5.88% and 5.68% of share price respectively. April 29 accounted for a large portion of the drop in Bogdan Motor’s share value, due to an announcement of a decision by shareholders to issue additional shares.