OREANDA-NEWS. December 29, 2011. Concorde Capital released daily Ukrainian market view:

Ukrainian equities (WIG-Ukraine -0.9%, UX -1.7%) retreated on Wednesday, broadly in line with global markets (MSCI World -1.3%, MSCI EM -1.2%), with trading activity remaining dismal due to the holidays. In Warsaw, Milkiland (MLK PW) added 17.1% on the day; the stock is up 21.7% over the last three sessions following news the Ukrainian government would partially restore a VAT subsidy for supplies. Astarta (AST PW) -4.2% and Agroton (AGT PW) -3.5% were the exchange’s biggest decliners. In London, Ukrainian stocks were also down, led by Cadogan Petroleum (CAD LN) -4.4% and Regal Petroleum (RPT LN) -4.1%. On the UX, 12 of 15 stocks in the index basket posted losses. The worst performer was Ukrnafta (UNAF UK) -11.9%.