OREANDA-NEWS. December 5, 2011. Concorde Capital released daily Ukrainian market view:

Again the product of global headlines, Ukrainian equities moved slightly higher heading into the weekend on Friday as a US jobs report provided some tailwinds. The benchmark UX Index rose 0.9% to cap the second consecutive week in the green, with no large moves in the index basket. Most notable among international names was Warsaw-traded battery maker Westa (WES PW), down 10.5% on Friday and 27% in two weeks after several investment houses turned bearish on the stock following poorer-than-projected financials. Kulczyk Oil (KOV PW) saw some profit-taking, down 5.3% after Thursday's similar rise.

The Monday trading session has seen Asian markets carry through the relatively upbeat tempo, although participants are likely to adopt a more cautious stance this week in anticipation of the meeting of EU policymakers on Friday.