Concorde Capital Released April 06 Ukrainian Market View
OREANDA-NEWS. April 06, 2012. Concorde Capital released daily Ukrainian market view:
As Spanish and Italian bond yields continued to rise, so too did volatility in equity markets on Thursday. The UX Index clawed back early-day losses after US weekly claims for unemployment benefits came in better-than-expected, bolstering expectations for Friday's monthly jobs report. The local move was led by Raiffeisen Bank Aval (BAVL UK) and Centrenergo (CEEN UK), with Motor Sich (MSICH UK) pacing the index’s 1.4% gain on a solid USD 1.8 mln in cash volumes. Over on European bourses, Ukrainian names generally moved +/-1%, with the exception of Sintal (SNPS GR), squeezed 31.8% higher on low liquidity, and MCB Agricole (4GW1 GR), which continued its bumpy ride of late with a 7.1% fall. Markets throughout Europe and the US are closed today for the Good Friday holiday, while Ukraine, as well as our sales and trading desk, remain open for business.
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