OREANDA-NEWS. December 2, 2011. Concorde Capital released daily Ukrainian market view:

Wednesday's central bank-led equities rally lost steam in the Thursday trading session as the focus shifted to the December 9 meeting of EU policymakers and hopes for a more forceful resolution to Europe's debt crisis. Locally, the benchmark UX Index still managed a 0.6% gain, largely a reflection of advance in Ukrtelecom (UTLM UK) 2.1% and Donbasenergo (DOEN UK) +2.0%. On international bourses, noteworthy names included Kulczyk Oil (KOV PW), rising 5.2% on news related to a project in Nigeria, battery maker Westa (WES PW), down 7.0% in reaction to last week's poor 9M11 results report, as well as Cadogan Petroleum (CAD  LN), 5.0% lower on profit-taking after a week-long rally.