OREANDA-NEWS. December 16, 2011. Concorde Capital released daily Ukrainian market view:

Europe moved back into positive territory on Thursday, bolstered by a series of macro data from the US and EU (US jobless claims fell to lowest level since early 2008 and German manufacturing output beat consensus): FTSE 100 +0.6%, DAX +1.0%. Ukrainian equities in Poland caught some of the action, with the WIG-Ukraine +0.2% led by gains in Kernel (KER PW) +2.4% and Industrial Milk Company (IMC PW) +2.3%. The index’s worst performer was Astarta (AST PW) -4.5%. Locally, the story was completely different with most names opening deep in the red after news Moody’s cut Ukraine’s outlook in the morning. The UX shed 1.6% over the session on thin volumes. The worst performers were Ukrnafta (UNAF UK) -4.8% and Ukrtelecom (UTLM UK) -3.8%. Only two steel names found buyers and gained by close: Yenakiieve Steel (ENMZ UK) +6.1% and Alchevsk Iron & Steel (ALMK UK) +2.0%.