UFC Capital Released Weekly Market View
OREANDA-NEWS. May 16, 2011. Equity market. During the trading week from April 10 to 13, stocks in the Ukrainian Exchange Index continued to fall, mirroring the negative dynamics of stock markets around the world. Note that the trading activity increased slightly over the previous week; the total trading volume on the UX reached UAH 1315.3 mln (USD 164.9 mln), of which UAH 447.2 mln (USD 56 mln) was from the futures market. Overall, the indicator dropped 6.17% over the course of the week, ending at 2486.02 points (the lowest since the beginning of January 2011).
Dniproenergo (DNEN; BUY), UkrAVTO (AVTO), and Alchevsk Coke (ALKZ; BUY) were among the few companies whose stocks managed to finish the week in the green zone, with share price increasing 3.15%, 2.72%, and 2.63% respectively. All stocks included in the index basket finished the trading session in the red zone. A partial list includes Zakhidenergo (ZAEN; BUY), Centrenergo (CEEN; HOLD), and Stirol (STIR; BUY) with stocks falling 13.6%, 9.93%, and 9.33% respectively. The preceding stocks significantly affected the overall dynamic of the UX Index.
Motor Sich (MSICH; BUY) stock was the most liquid stock during the week, after shares were traded for UAH 119.3 mln (USD 14.9 mln); share value dropped 8.53% as a result of trading. Avdiivka Coke (AVDK; BUY) ended the week in second place in terms of volume, with the stock being traded for UAH 80.3 mln (USD 10.1 mln) and share value falling 6.57%.
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