OREANDA-NEWS. October 21, 2011. Concorde Capital released daily Ukrainian market view:

The UX finished even yesterday, down just 0.07% from the previous close, while indices elsewhere in the region and EM lost more ground (MSCI EM -2.71%, WIG -2.84%, RTS -1.08%). The worst performers on the local market were Raiffeisen Bank Aval (BAVK UK, N/R) -3.85%, Stakhaniv Wagon (SVGZ UK, BUY) -3.10% and UniCredit Bank Ukraine (USCB UK, N/R) -2.23%. The biggest gainers were Centrenergo (CEEN UK, BUY) +1.71% and Motor Sich (MSICH UK, BUY) +1.57%.

U.S. stocks closed an uneven day of trading with modest gains yesterday, finding some support in a commitment by Germany and France to produce a comprehensive plan to bolster the region’s banks and expand the sovereign rescue fund. Asian stock markets were mostly flat Friday, with investors cautious ahead of this weekend’s crucial meetings on the European debt crisis. We believe Ukrainian stocks will open neutral this morning.