OREANDA-NEWS. March 14, 2012. Concorde Capital released daily Ukrainian market view:

Ukrainian consumer stocks had a stellar day on Tuesday, with Milkiland (MLK PW) +3.7%, Ovostar Union (OVO PW) +3.8%, and Avangard (AVGR LI) +3.5%. Warsaw’s WIG-Ukraine index was up 0.9% on the day, boosted by its consumer stock components. Basic materials names also advanced, with Ferrexpo (FXPO LN) +4.5% on strong volumes ahead of its 2011 earnings report today and Coal Energy (CLE PW) +3.7%. The Ukrainian stock universe’s biggest gainer was Kulyzck Oil (KOV PW), which added 11.4%. The local UX rose 0.5%, while the performance of stocks in the index basket was quite varied. One of the day’s best performers was Ukrsotsbank (USCB UK) +8.4%, supported by news it is planning to bolster its capital. Both Europe and emerging markets were higher yesterday as EU finance ministers agreed in principle on a second Greek bailout and positive news flow out of various economies helped boost sentiment.