OREANDA-NEWS. October 14, 2011. Concorde Capital released daily Ukrainian market view:

The UX fell 1.40% on Thursday, as indices across Europe and EM moved lower (FTSE 100 -0.71%, DAX -1.33%, MSCI EM -1.50%, WIG -1.43%, RTS -0.82%). The worst performers on the local market were Ukrnafta (UNAF UK, U/R) -3.48% and Stakhaniv Wagon (SVGZ UK, BUY) -3.17%.

U.S. stocks mostly fell yesterday, paring gains from the best S&P 500 index rally over seven days since 2009, after disappointing earnings from J.P. Morgan Chase & Co. and concerns equities rose too much on optimism about Europe’s debt crisis. Now we see consolidation of indices near an important resistance level (1220 points on the S&P 500 index). Asia markets declined today for the first time in seven days, as data showed Chinese inflation eased slightly in September but remains at uncomfortably high levels, and S&P cut Spain’s credit rating. We expecting to see the Ukrainian stock market open moderately higher this morning, as U.S. index futures are up after Google’s quarterly results surpassed expectations on Wall Street.