Millennium Capital Released September 14 Ukrainian Market Review
OREANDA-NEWS. September 14, 2010. Millennium Capital released daily review:
On Friday, Sep 10, the Ukrainian stock market closed with growth. The UX index surged up in the last hour of the session to close at 2018.72 ppt increasing by 0.60%, or 11.97 ppt. Total equity turnover was UAH 80.0mn. Banks and railcar producers were in demand adding 3.9% and 1.7% respectively. Coke producers and steel makers got moderate gains of 0.6% and 0.1% while other sectors were in red. Among liquid stocks AVDK and MSICH were volume leaders on the exchange, and rose by 0.59% and 0.81% respectively. The latter posted UAH 9.6mn playing out the news about intention to launch a JV with Russian Defense Ministry. Bank FORM was a notable gainer, picking up 8.0% for the day on UAH 6.1mn. BAVL was also in focus going up 3.14%, while USCB added just 0.77%. KVBZ and SVGZ outperformed the market rising 3.23% and 1.55%. On the foreign exchanges Cadogan and Kulczyk Oil increased by 9.0% and 5.0%. The former was supported by positive news about reaching a settlement concerning ownership of the licenses for the Pirkovskoe and Zagoryanska fields. Other stocks finished in black but with moderate growth.