OREANDA-NEWS. March 22, 2011. UFC Capital released daily market view:

On March 21, the Ukrainian Exchange Index continued climbing towards its peak levels for 2011. Positive results from exchanges around the world stimulated growth in the Ukrainian stock market. The significant drop in existing home sales in the USA for February did not affect investor’s positive mood. Overall, the UX index scored its highest single day rise (4.81%) since May 2010, and ended the day at 2800.12 points. The trading volume increased to UAH 408.5 mln on the day, including UAH 97.6 mln on the futures market.

More than 30% of the total trading volume came from transactions for shares of Motor Sich (MSICH; BUY), whose share value rose by 8.79% as a result of the session. Alchevsk Iron and Steel (ALMK; BUY) and Enakievo Steel (ENMZ; HOLD) were the top performers on the UX among the most liquid stocks, gaining 19.19% and 12.09% respectively.

Stocks in the financial sector were in demand on Monday, which can be explained by the improving conditions in the banking sector since February. Ukrsotsbank (USCB; SELL) and Raiffeisen Bank Aval (BAVL; SELL) stock increased 4.76% and 3.32% on the day respectively. The worst equity on the market was that of Zaporizhia Aluminium (ZALK), whose share value plummeted 46.43% at a trading volume of a meager UAH 15 thnd.