OREANDA-NEWS. September 27, 2011. Concorde Capital released daily Ukrainian market view:

The UX broke its three-year support level on Monday, falling 0.87% in the red to 1,388.21. Overall, local blue chips were mixed: on one hand, the worst performers were Raiffeisen Bank Aval (BAVL UK, N/R) -4.42% and Yenakiieve Steel (ENMZ UK, N/R) -4.22%, while on the other hand the best performers were Stakhaniv Wagon (SVGZ UK, BUY) +2.70% and Azovstal (AZST UK, N/R) +0.64%. In Poland, the WIG-Ukraine index also dropped, shedding 0.67% on the day. Kernel (KER PW, N/R) declined 1.31% and Astarta (AST PW, HOLD) fell 0.76%.

U.S. indices gained for the second day yesterday after reports European policy makers were considering new plans to support countries struggling with debt. Speculation grew in European and U.S. trading sessions that the European Central Bank could discuss interest rate cuts at its next meeting and is likely to restart covered-bond purchases. Asia stocks are rebounding this morning from 16-month lows, and the Russian stock market is off to a gain of around 2.8%. We see the Ukrainian Stock Exchange as likely to open up, on improved global sentiment. Today investors will be following news on bond placements by the Spanish and Italian governments, and the release of the US consumer confidence index.