OREANDA-NEWS. November 9, 2011. Concorde Capital released daily Ukrainian market view:

The UX moved up another 2.59% on Tuesday. All locally-traded blue chips posted gains. The best performers were Yenakiieve Steel (ENMZ UK) +12.21%, Alchevsk Iron & Steel (ALMK UK) +6.02%, and Stirol (STIR UK) +5.30%.

U.S. stocks rose on Tuesday, sending the S&P 500 higher for the second straight day, after Italian Prime Minister Silvio Berlusconi offered to step down as soon as Italy’s parliament approved austerity measures in a vote expected to occur next week. This news boosted optimism Italy would appoint a new leader that can tame the debt crisis. Asia markets are moving mostly higher today, as cooling inflation in China gave some banking and property shares a boost, and a pledge Berlusconi’s offer to resign eased concern Europe’s debt crisis would worsen.