OREANDA-NEWS. May 06, 2011. Concorde Capital released daily Ukrainian market view:

Yesterday the UX extended its declines this week, falling another 2.00% to 2,648.70. Market activity remained sluggish, with just UAH 153.5 mln in volume crossing the exchange. Yesterday’s sell-off was broad-based, with all blue chips finishing lower but one, Ukrtelecom (UTLM UK), up 1.62%. Yesterday’s worst performers were Ukrnafta (UNAF UK), down 5.05%; Azovstal (AZST UK), down 3.41%; and Stirol (STIR UK), down 3.11%. With global sentiment still pitched against equities, after losses on Wall Street overnight, Asian stocks losing ground this morning and European stock futures in the red, it looks to be another difficult day for Ukrainian equities. The PFTS and UX will be closed again next Monday, May 9 for Victory Day and resume a normal trading schedule the following day.