OREANDA-NEWS. December 8, 2011. Concorde Capital released daily Ukrainian market view:
Yesterday was another risk-off day in Europe as stocks fell as pessimism grew over the outcome of the European Union summit this week. The UX (-0.3%) followed the rest of the continent into the red (FTSE 100 -0.4%, DAX -0.6%, CAC 40 -0.1%). Russia’s RTS underperformed Europe for the second straight day, shedding 1.2%, on concern about democratic backsliding and protests following claims of fraud and vote-rigging in its parliamentary election on Sunday. On the UX, railcar manufacturers led the decline, with Stakhaniv Wagon (SVGZ UK) off 1.9% and Kryukiv Wagon (KVBZ UK) dropping 2.4% on thin volumes. In Warsaw, Sadovaya Group (SGR PW) continued to see strong buying activity, rising 6.1%; the stock has risen 15.0% since December 2.
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