OREANDA-NEWS. December 7, 2011. Concorde Capital released daily Ukrainian market view:

S&P's broad warning on Eurozone sovereign debt set a cautious tone for markets on Tuesday. DM stock indices generally moved sideways in the red, whereas Eastern European investors took a more risk-averse stance - Russia's MICEX and Poland's WIG retreated 4.0% and 1.9%, respectively. Ukraine’s UX Index declined 2.0%, a mark that could have been worse if not for positive performances by Yenakiieve Steel (ENMZ UK) and Ukrnafta (UNAF UK), at +2.2% and +3.4%, respectively. Coal producer Sadovaya Group (SGR PW) benefited from active interest in Warsaw and rose 9.2% on decent volumes, while MCB Agricole (4GW1 GR) tumbled 9.3% as an aggressive buyer stepped out of the market.