OREANDA-NEWS. December 02, 2009. UFC Capital released daily market view:

Situation in United Arab Emirates is still a determinant for global markets. On Tuesday there appeared an information that retail sales in Germany in October climbed 0.5%, which resulted to be both better than projected and previous figures (0.4% and -0.5%, accordingly). The unemployment in euro zone matched the expected level of 9.8%. In October, home sales in the USA increased 3.7%, while their 1% decline was expected. However, the most important news this day was the update provided by Dubai World management specifying the exact amount of debt to be restructured. Investors were concerned that the problem debts would reach \\$59 bn, meanwhile the borrowers announced that it amounts to just \\$26 bn. On this rather positive news background both the European and the American markets closed December 1, in a green zone. This Wednesday the Japanese Nikkei 225 closed with slight increase, however, the European indices early this trading day showed sluggish and differently oriented dynamics. This day we recommend paying attention to the industrial prices index in euro zone.

Ukrainian securities price is going up again. After several days of sinking, the bulls celebrated a victory in the Ukrainian stock market on the first day of winter. The quotations of some shares (Donetsk Steel (DOMZ) and Bogdan Motors (LUAZ)) that day increased by over 17%. December 1, on Ukrainska SE 1,274 deals were made with shares of Ukrainian companies for the total of UAH 23.3 mn. Ukrnafta shares (UNAF) were the most liquid ones – 177 deals. On PFTS SE that day 311 deals were sealed for the total of UAH 21.7 mn. Ukrnafta shares resulted to be the leader of trades on this floor as well – 61 deals.