OREANDA-NEWS. December 17, 2010. UFC Capital released daily market view:

According to Ruslan Piontkovsky, a representative of the the Kyiv office of the WB, the GDP growth in Ukraine will increase from 3.5% to 4.3% this year, while  inflation  will be about 10% in 2010.  The WB has forecasted the growth for 2011 to remain at 4%.

Correspondent relationships between Ukrainian and Chinas Depositary System. The Securities and Stock Market State Commission and China Securities Regulatory Commission are starting the process of establishing bilateral correspondent relationships with the Depositary System of Ukraine and China. During its visit to China, the Securities and Stock Market State Commission plans to discuss the ability of Ukrainian firms to place shares on the Hong Kong Stock of Exchange.

New Chairman of the Antimonopoly Committee of Ukraine is appointed. On December 16, President Viktor Yanukovych dismissed Alexei Kostusev from the position of Chairman of the Antimonopoly Committee of Ukraine because he was elected as the major of Odessa and appointed Vasyl Tsushko, a Minister of Economy in Ukraine, to this post.

Equity market. On December 16, the Ukrainian Exchange Index closed in the red zone, with the indicator dropping 0.86% to 2316.52 points. The trading volume in the spot market amounted to 249.5 mln hryvnia; the trading volume in the futures market hardly changed at all and totaled 21.9 mln hryvnia

In the order-driven market of Ukrainian Exchange, the leaders in trading volume were shares of Ukrnafta (UNAF; HOLD), Motor Sich (MSICH; BUY), and Ukrtelecom (UTLM; UNDER REVIEW), with trading volumes at 86.9 mln hryvnia, 21.9 mln hryvnia, and 21.3 mln hryvnia respectively.

A number of new agreements for bus production led Bogdan Motors (LUAZ; UNDER REVIEW) to become the top performing stock of the day on the order-driven market of Ukrainian Exchange, with share price increasing 18.64%.

The worst performers on the day were Donbassenergo (DOEN; BUY) and Yasinovka Coke (YASK; BUY), whose shares lost 3.77% and 3.00% in value respectively.