OREANDA-NEWS. October 17, 2011. Concorde Capital released daily Ukrainian market view:

The UX picked back up 1.79% on Friday, with sentiment on global equity markets rebounding (FTSE 100 +1.17%, DAX +0.89%, MSCI EM +0.54%). On the local market, the best performers were Ukrtelecom (UTLM UK, BUY) +4.48%, Stakhaniv Wagon (SVGZ UK, BUY) +2.98%, and Azovstal (AZST UK) +2.49%.

U.S. stocks gained strongly on Friday, with the Dow Jones Industrial Average capping its longest weekly win streak in six months, after a surge in retail sales and Google’s earnings lifted sentiment. Asian stocks are rising this morning, extending the largest weekly rally in more than six months, helped by end-of-the-week gains in U.S. shares and rising hopes for a resolution to the European debt crisis. G-20 finance ministers and central banks set an Oct. 23 summit with European leaders in Brussels as the deadline to deliver a plan to halt the crisis. We expecting the Ukrainian stock market to open moderately higher today.