OREANDA-NEWS. January 13, 2012. Concorde Capital released daily Ukrainian market view:

Ukrainian stocks lost ground on Wednesday (WIG-Ukraine -0.7%, UX -2.1%) as Europe dipped (MSCI Europe -1.1%) following fresh data from Germany indicating its economy contracted 0.25% in 4Q12 and more worry after comments from Fitch’s head of sovereign ratings that the ECB needed to step up purchases of government bonds to battle the debt crisis and support the Euro. In London, the session’s worst performers were JKX Oil & Gas (JKX LN) -4.9% and Cadogan Petroleum (CAD LN) -2.4%. Ferrexpo (FXPO LN) was one of the few Ukrainian names to push into positive territory, gaining 2.0%. In Poland, Westa (WES PW) lost 2.3% and Kulyczk Oil (KOV PW) fell 1.5%. Trading activity on the local UX continued to be weak, with the exchange recording just USD 6.5 mln in turnover. All stocks in the UX index basket closed in the red.