OREANDA-NEWS. January 12, 2012. Concorde Capital released daily Ukrainian market view:

European equities moved higher on Tuesday (MSCI Europe +2.1%, FTSE 100 +1.5%), supported by a positive start to the US earnings season and a Fitch report that said it did not expect to downgrade France’s AAA rating. Ukrainian stocks traded abroad were mixed. In Warsaw, the WIG-Ukraine index closed down 0.5%. The best Ukrainian performers in Poland were Kulczyk Oil (KOV PW) +5.7% and on lesser volumes Ovostar Union (OVO PW) +5.1% and Coal Energy (CLE PW) +4.8%. However, the index was dragged down on losses in Astarta (AST PW) -2.8% and Milkiland (MLK PW) -4.9%. In London, Cadogan Petroleum (CAD LN) added 2.5%, while Ukraine’s other LSE-listed oil & gas producers declined: JKX Oil & Gas -5.1%, Regal Petroleum (RPT LN) -2.8%. The UX picked up on the momentum across the continent, advancing 1.6% over the session but turnover remained thin at just USD 6.5 mln.