OREANDA-NEWS. February 02, 2011. Concorde Capital released daily Ukrainian market view:

The UX opened yesterday in the green and continued rising throughout the day, eventually closing up 2.12% at 2,688.42, boosted by general optimism on international equity markets with Egypt concerns waning and encouraging manufacturing data coming out of the US. Total turnover on the UX was solid at UAH 266.4 mln. The greatest demand was seen in Ukrnafta (UNAF UK), which rose 4.01% on an exchange-leading UAH 50.0 mln in volume, riding higher on news that a February 25 AGM could approve the distribution of UAH 265 mln of its 2009 profits as dividends. All stocks in the UX index moved higher except Stirol (STIR UK), down 0.35%. Among the best performers among blue chips after Ukrnafta were banks: Ukrsotsbank (USCB UK) climbed 1.85% and Raiffeisen Bank Aval (BAVL UK) picked up 1.62%. Asian markets are moving up this morning (Nikkei +1.78%, Hang Seng +1.83%), and Russia is also higher at the open (RTS +0.87%) after the US’ Dow Jones Industrial Average topped 12,000 for the first time since June 2008 overnight. We see Ukrainian equities continuing to gain ground today.