OREANDA-NEWS. April 19, 2010. UFC Capital released daily market view:

Equity market. On April 16, the indices of Europe’s largest trading floors reflected investors’ uncertainty by remaining close to zero. The RTS index was in the red zone throughout the trading session. US investors’ pessimism affected the Dow Jones index upon opening. Against this background, the Ukrainian investors’ optimism, demonstrated by trading results on the Ukrainska SE, was quite unexpected.

Overall on Friday, 3,653 deals were sealed on the Ukrainska SE for a total of 97.6 mln hryvnia. On the order-driven market, coke producers were among the growth leaders, namely Avdiivka Coke (AVDK; BUY), Alchevsk Coke (ALKZ; BUY), and Yasinovka Coke (YASK; BUY), which gained 11.8%, 6.8%, and 5.6% accordingly. The largest loss was felt by Luganskteplovoz (LTPL; SELL), which surrendered 1.8%.

Cabinet initiates transfer of banking supervision functions. Pursuant to the governmental draft law On the state program for economic and social development for 2010, the Cabinet suggests transferring the NBU’s banking supervision functions to the Private Deposits Insurance Fund.

Russia agrees to make concessions to Ukraine. The governments of Russia and Ukraine have approved their new gas agreement. According to the information provided by Russian officials, Vladimir Putin ordered the preparation of the draft decree to formalize discounts on the natural gas supplied by Russia. The discount may amount to USD 4 bln. However, Ukraine will most likely have to make a number of concessions in regards to some other matters.