OREANDA-NEWS. December 21, 2009. UFC Capital released daily market view:

Indices of the global largest stock exchanges closed below zero. A 0.3% drop in the retail sales in the UK this November after 0.4% increase in October, aggravating situation in the US jobs market, as well as juicy scandal between Abu Dhabi Investment Authority (United Arab Emirates) sovereign investment fund and Citigroup Inc. (the USA), in which the fund accuses the latter of fraud, probably became the reasons for deterioration of investors’ investment expectations. December 17, practically all largest markets closed in red zone. This Friday, the Japanese Nikkei 225 declined too, following the tendency of Thursday. Today we recommend paying attention to industrial prices in Germany, factory orders and sales in Italy, as well as business investments in the UK.

Ukrainska SE purges the listing. Starting from December 17, 2009, Ukrainska SE excluded from its listing the shares of Pivdenniy Bank (BPVD), Southern Mining (PGZK), and Slavuta Malt (SSOL). The formal reason was the lack of transactions over the last 60 days.

After the slight growth the indices of Ukrainian stock exchanges dropped again. On Thursday, the UX index lost almost 2%, while the PFTS index decline was not so significant – just 1.12%. Negative sentiments in the Ukrainian market were primarily caused by global tendencies. Besides, the investors were probably concerned about news that Ceyla Pazarbasioglu is to be replaced on her post as the IMF Mission in Ukraine head by Antanasios Arvantis. Thus, the IMF management may well try to delay adopting decision on providing of the fourth tranche of the loan to Ukraine under the stand-by program in a diplomatic way by justifying possible foot-dragging with the necessity for Mr Arvantis to get into office. The leader on Ukrainska SE by the number of deals became the shares of Motor Sich (MSICH) – 130 deals. On this floor the shares of Forum bank (FORM) became the trade volumes leader – UAH 2.7 mn. On PFTS SE the biggest number of deals were sealed with shares of Enakievo Steel (ENMZ) – 27. Meantime the trade volume leaders became the shares of Azovstal (AZST) – UAH 1.3 mn.