OREANDA-NEWS. October 28, 2011. Concorde Capital released daily Ukrainian market view:

The Ukrainian stock market rallied on Thursday, following global stock markets. The UX index advanced 8.64%, with a high trading volume of UAH 226.2 mln. All blue chip stocks rose yesterday. Yenakiieve Steel (ENMZ UK) +19.61%, Kryukiv Wagon (KVBZ UK) +14.11% and Centrenergo (CEEN UK) +11.22% were among best performers on UX.

Global stocks surged yesterday and the Euro strengthened as European leaders agreed to expand a bailout fund to EUR 1 trillion and investors agreed to a 50% writedown on Greek debt to stem the region’s debt crisis. U.S. stocks advanced to near three month highs, extending the biggest rally for the S&P 500 index since 1974. Asia markets are gaining this morning, extending an advance that started a day earlier. The Russian stock market opened up around 1% and we see the Ukrainian stock market opening moderately higher today.