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

New software at UX. The Ukraine Exchange (UX) has certificated new access programs to the futures market. The new line of software called LiveTrade is made by the Russian company Cognitive Financial Technologies. Among the new programs are LiveTrade Scalping Direct, for fast trading, and LiveTrade Professional, which supports all the functions necessary for internet trading. In all, the UX has certified six brokerage trading systems for use.

Geo Alliance is planning an IPO. The holding company of the gas processing company Geo Alliance has announced its plans to conduct an IPO on Warsaw Stock Exchange (WSE) at the end of November or beginning of December of 2010. Investors will be offered 8.625 mln shares, of which 5 mln will be newly issued; there will also be a greenshoe option in the volume of 1.125 mln shares. If this placement of shares is successful, without options being exercised, the free float of the company will increase to 34.1%. If one takes current stock prices into account, the total amount of the initial public offering (IPO) will come to \\$293.8 mln. Of that amount only the funds drawn from the newly placed shares will be used to finance investment projects.

Equity market. On November 18, the Ukrainian Exchange was in the green zone for the entire trading session. Most stocks showed remarkable growth from the very beginning of the session. Another sign of investor interest was the high trading volume on the UX Index at 254.2 mln hryvnia, which is 86.8 mln hryvnia more than the previous day. The indicator’s overall growth was 2.87%, which puts the UX at 2074.42 points.

The most traded stocks of the day on the Ukrainian Exchange were Alchevsk Iron and Steel (ALMK; SELL) with 1635 transactions – 38.3 mln hryvnia, Motor Sich (MSICH; BUY) with 726 transactions  – 31.5 mln hryvnia, and Ukrnafta (UNAF; BUY), with 855 transactions – 30.0 mln hryvnia.

In other news, there was active demand for shares of Luganskteplovoz (LTPL; UNDER REVIEW) and AvtoKrAZ (KRAZ; BUY), which grew 9.75% and 12.28% respectively.