OREANDA-NEWS. October 12, 2010. UFC Capital released daily market view:

Moody’s improves Ukraine’s outlook. The international rating agency Moody's Investors Service has improved Ukraine’s sovereign outlook on its ‘B2’ rating, which was upgraded from ‘negative’ to ‘stable’. In addition, Moody's has also changed the outlooks for Ukraine’s ‘B1’ foreign currency bond ceiling and Ukraine’s ‘B3’ foreign currency deposit ceiling; both outlooks were upgraded from ‘negative’ to ‘stable’.

Equity market. The UX Index finished above the flatline on October 11. The indicator showed a lateral trend throughout the day. Overall, the UX Index increased 0.25% to 1888.80. Trading volume amounted to only 54.3 mln hryvnia.

The leader in trading volume was Ukrnafta (UNAF; SELL), whose shares were traded in the amount of 8.5 mln hryvnia in 278 trades.

On Monday, we saw a relatively active trading for shares of Azovstal (AZST; SELL) and Alchevsk Iron and Steel (ALMK; SELL), which grew in price by 0.51% and 0.26% respectively. Additionally, we draw attention to shares of Kryukiv Railcar (KVBZ; UNDER REVIEW), which increased by 2.95%. This security could see further growth if rumors of record output in 2010 prove to be true.