OREANDA-NEWS. April 03, 2012. Concorde Capital released daily Ukrainian market view:

Bullish manufacturing data out of China and the US spurred European equities higher on Monday, but Ukraine’s benchmark UX Index managed only light gains to kick off the second quarter. Motor Sich (MSICH UK) – the only mover of note in the index basket with a 3.0% gain on USD  1.2mn in volume – led the index’s 0.4% advance, while the price action in steel names was weaker owing to an uncertain outlook for global steel markets. Over in Poland, the WIG-Ukraine Index moved in-line with the tone set by Europe, adding 1.1%, largely thanks to a 2.4% gain by Kernel (KER PW). Milkiland (MLK PW) saw healthy trading but little price movement as traders positioned for a potential resolution to the ongoing cheese trade dispute between Russia and Ukraine. The stock is one to watch today as a top-level meeting is reportedly scheduled for today in Kyiv, with the dispute headlining the meeting.