OREANDA-NEWS. May 21, 2010. UFC Capital released daily market view:

Equity market. On Wednesday, the markets reacted to the ban imposed in Germany on unsecured short sales for a number of financial instruments. Most of the world’s largest stock indices were in the red zone.

On May 19, the Ukrainska SE index demonstrated a disheartening decline. The index plunged 10.0% to 1859.56 points. In total, 4,507 transactions were made on the Ukrainska SE on a turnover of 110.0 mln hryvnia. At the same time, no issuers saw their stocks rise in price on the order-driven market of Ukrainska SE. The leader in terms of decline was Alchevsk Coke (ALKZ; BUY), which saw its share price drop by an astounding 25.4%.

The relatively large volume of trades on the Ukrainska SE points to the fact that investors are currently somewhat panicky in fear of a second wave of the economic crisis. On Wednesday, investors were actively selling the shares of Ukrainian companies. If European markets open in negative territory on Thursday, we very well may observe a further decline in securities’ price on the Ukrainian stock market as well.