OREANDA-NEWS. September 28, 2011. Concorde Capital released daily Ukrainian market view:

With equities across Europe enjoying a strong rebound on Tuesday (MSCI Europe +5.59%, FTSE 100 +4.02%, DAX +5.29%, WIG +3.35%, RTS +4.16%), the Ukrainian market also regained some lost ground, rising 3.52% to hop back over the psychological 1,400 point line at 1,437.09. Virtually all locally-traded blue chips advanced, most by over 3%. The best performers were Motor Sich (MSICH UK, BUY) +5.97%, Donbasenergo (DOEN UK, BUY) +5.40%, and UniCredit Bank Ukrane (USCB UK, N/R) +4.77%. The Polish WIG-Ukraine index rose 4.70% yesterday, led by gains in Kernel (KER PW, N/R) +7.44% and Agroton (AGR PW, N/R) +4.56%.

U.S. stock indices closed higher on Tuesday for the third consecutive session, and European gains that ranged from 4% to almost 6% on expectations European leaders were making progress on easing the Eurozone debt crisis. However, accelerated selling at the close of the U.S. trading session sent indices off their intraday highs as optimism over Europe’s sovereign debt solution weakened. Asian stocks are oscillating between gains and losses this morning, and U.S. index futures are trading neutral. The Russian stock market opened to losses of around 1%. We are expecting to see a moderately negative start at the opening of trading on Ukrainian stock exchanges this morning, as investors will try to fix their profits after a two day rise.