OREANDA-NEWS. November 21, 2011. Equity market. Problems with European sovereign debt continued to haunt global markets. Positive statistics from the USA real state and labor markets had limited and short-lived effects. This external background led the Ukrainian Exchange Index to finish at 1574 points for the week of November 14, dropping 1.9%. The high volatility on the derivatives market made it more attractive to domestic investors. The total trading volume on the market amounted to UAH 1.28 bln (USD 160.6 mln), with 63.4% of the total volume coming from the derivatives market.

Motor Sich (MSICH; BUY) was the most liquid stock on the market at 3927 transactions for UAH 111.8 mln (USD 14.0 mln). The aircraft engine producer saw share value jump 11.7% for the week, making it the top performing stock in the index as well. Over the course of the week, Donetskoblenergo (DOON) and Kyivenergo (KIEN) stocks lost 40.3% and 30.0% in share value on small trading volumes. We wish to remind readers that large stakes of the companies’ are being offered for sale by the government. Other underperforming stocks included Ukrsotsbank (USCB; BUY), Stirol (STIR; BUY), and Ukrtelecom (UTLM; UNDER REVIEW), which dropped 9.3%, 9.0%, and 7.2% in share value respectively.

Two stocks of interest which managed to make gains on the week were Stakhanov Railcar (SVGZ; BUY HIGH RISK) and Centrenergo (CEEN; BUY), whose share value increased 3.9% and 3.0% respectively.