OREANDA-NEWS. December 10, 2010. Concorde Capital released daily Ukrainian market view:

The UX surged up 1.52% yesterday to close at 2,235.96. Total equity turnover was strong again at UAH 161.4 mln. Motor Sich (MSICH UK) continued to dominate trading, printing UAH 49.2 mln across 1,445 trades, rising 8.55%, continuing its surge following news of a 10-year income tax vacation (see our flash note dated yesterday). Rounding out the top three stocks by volume were Ukrtelecom (UTLM UK), down 0.29% on UAH 18.5 mln, and Alchevsk Iron & Steel (ALMK UK), up 1.37% on UAH 18.0 mln. Banking names came under pressure yesterday, with Raiffeisen Bank Aval (BAVL UK) down 0.37%, Ukrsotsbank (USCB UK) down 0.30%, and Bank Forum down 0.10%. On the interbank forex market, the Ukrainian hryvnya closed at UAH/USD 7.965.