OREANDA-NEWS. October 24, 2011. Concorde Capital released daily Ukrainian market view:

The UX rose 3.24% on Friday, with nearly all locally-traded blue chips moving higher. The best performers were Yasynivsky Coke (YASK UK, N/R) +8.48%, Motor Sich (MSICH UK, BUY) +8.29%, and Avdiivka Coke (AVDK UK, N/R) +4.79%. Only Ukrtelecom (UTLM UK, BUY) -0.74% failed to make it into positive territory.

European and U.S. stocks advanced on Friday and registered another weekly gain on optimism ahead of the weekend European Union summit and better than expected quarterly earnings from McDonald’s, Microsoft and Verizon. Asian stocks are rising the most in two weeks this morning after European leaders indicated progress on a plan to resolve the region’s debt crisis and preliminary data showed Chinese manufacturing was improving. German Chancellor Angela Merkel and French President Nicolas Sarkozy said at a joint press conference Sunday that a broad agreement is taking shape. The final decision will be disclosed this Wednesday. We expecting the Ukrainian stock market to open slightly higher today.