OREANDA-NEWS. April 05, 2012. Concorde Capital released daily Ukrainian market view:

Risk aversion reared its head in Wednesday’s session as a jump in Spanish borrowing costs during a bond auction fueled renewed worries about the health of the euro-zone’s economy. Stocks and commodities slumped as markets also focused on the US Fed’s plan to hold off on further quantitative easing amid the improving US economy. Both the local benchmark UX Index and the WIG-Ukraine Index gave back 2.26%. Locally, stocks in the index basket moved lower 1-3%, while Warsaw- and Frankfurt-listed names posted sharper moves. MCB Agricole (4GW1 GR) clawed back 25%, albeit on low volumes, after the previous day’s tumble, Sadovaya Group (SGR PW) fell 8.6%, and Kulczyk Oil (KOV PW) fell 6.8%. One of the few bright spots was dairy producer Milkiland (MLK PW), the only consumer name in the universe to move higher, if only barely, after Russia and Ukraine reached an agreement to end the cheese trade dispute.