OREANDA-NEWS. January 20, 2012. Concorde Capital released daily Ukrainian market view:

Ukrainian equities surged on Thursday (WIG-Ukraine +1.7%, UX +2.8%) on improved volumes, outperforming most of the rest of the world, which was also firmly positive (MSCI World +0.9%, FTSE 100 +0.7%, RTS +0.2%). Global sentiment was bolstered by news of debt sales in Spain and France at lower yields, fewer than expected Americans forecasted filed claims for unemployment benefits and solid annual earnings reports from several large US corporates. In London, several Ukrainian names picked up steam following an already strong week: Cadogan Petroleum (CAD LN) +14.0% during the session (+36.7% in the last five days) and JKX Oil & Gas (JKX LN) +10.6% (+22.6% in the last five days). In Warsaw, volumes returned in several names, lifting Milkiland (MLK PW) +10.0% and Sadovaya Group (SGR PW) +8.6%. Trading activity also registered an uptick on the local UX exchange, which saw turnover rise 67% day-on-day to USD 10.6 mln (including repo transactions). All but one UX index stock advanced. The rally was led by Yenakiieve Steel (ENMZ UK), which swung up 15.6% over the session.