OREANDA-NEWS. January 19, 2012. Concorde Capital released daily Ukrainian market view:
Ukrainian equities were mixed on Wednesday (WIG-Ukraine -1.2%, UX +0.4%), as most of Europe and Frontier Markets advanced (FTSE 100 +0.1%, DAX +0.3%, MSCI FM +0.3%), boosted by news Greece was reportedly making progress on a deal with creditors and that the IMF wanted to raise USD 500 mln to expand its resources. London-traded names largely picked up on the optimism with Cadogan Petroleum (CAD LN) rising 10.1%, JKX Oil & Gas (JKX LN) gaining 7.4% and Ferrexpo (FXPO LN) adding 2.1%. In Warsaw, the WIG-Ukraine index was led lower by a decline in Kernel (KER PW) -2.5%. Milkiland (MLK PW) rose 3.5% during the session. Locally, all but three stocks in the UX index basket closed in the black. Concorde Capital is a full service investment bank operating on the Ukrainian, Russian and CIS markets. In 2007 Concorde Capital’s analytical team was recognized as the Top Team covering Ukraine by Thomson Extel's Pan European Survey. Senior Analyst Alexander Paraschiy was recognized as the Leading Pan-European Investment Analyst – European Emerging Markets. Concorde Capital is a leader when it comes to private placements and M&A deals. Concorde Capital’s sale of a stake in Electron Bank to Volksbank International AG was named the Best Ukrainian M&A deal of the year 2007 by the Adam Smith Institute.
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