OREANDA-NEWS. October 26, 2010. UFC Capital released daily market view:

SSMSC is struggling with nonfulfillment of trades. The Securities and Stock Market State Commission (SSMSC) proposes to supplement the Civil Code of article number 716-1, which prohibits cancelling contracts in the sale of securities. Under the new terms, once a contract agreement is made on the exchange, it will not be possible to change the price or terms of the said contract.

Equity market. The Ukrainian exchange began the new week in the ‘green zone’. The UX Index was above the closing level of the previous session for the entire day on October 25. Overall, the UX Index increased by 1.20% to reach 1854.99. Trading volume was 91.5 mln hryvnia for the day.

The leader in trading volume was Ukrnafta (UNAF; SELL) in the order-driven market of Ukrainian Exchange. These securities were traded in the amount of 15.0 mln hryvnia. In addition, investors actively bought shares of Centrenergo (CEEN; BUY) and Shakhanov Railcars (SVGZ; SELL), which increased by 3.09% and 2.17% respectively.

Companies are beginning to publish results for 3Q2010. Consequently, the market may see an increased level of liquidity in the short term as investors revise their portfolios based on these results.