OREANDA-NEWS. December 30, 2011. Concorde Capital released daily Ukrainian market view:
The Ukrainian equity indices inched up on Thursday (WIG-Ukraine +0.6%, UX +0.4%), as emerging markets advanced (MSCI EM +0.1%). Market activity slowed to a trickle yesterday as New Year approaches, with turnover on the UX just USD 7 mln. On the domestic market, stocks were mixed with Ukrnafta (UNAF UK) leading the advancers +3.2% and Avdiivka Coke (AVDK UK) the biggest decliner -4.2%. In Poland, the outliers were Milkiland (MLK PW) +14.0%, which extended its rally to five sessions after news a key government subsidy would be partially restored in 2012, and Ovostar Union (OVO PW) -5.5%. We expect market activity to remain thin today; both the LSE and UX have short trading days. The LSE and UX will be closed on Monday as will Concorde Capital. We will be back on Wednesday, January 4. In the meantime, our entire team would like to wish you a wonderful 2012!
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