OREANDA-NEWS. December 10, 2010. UFC Capital released daily market view:

Ukraine negotiates credit extension with VTB capital.  Reuters reports that Andriy Kravets, the deputy Minister of Finance, stated that the Ukrainian government has negotiated an extension of a USD 2 bln bridge-loan from VTB bank; the rate on the loan remains at 6.68% per annum.

Equity market.   On December 9, the Ukrainian Exchange was in the green zone throughout the trading session. The UX Index reached 2235.96 points, an increase of 1.52%, which is the highest point since May of this year. The positive trends in stock markets from around the world almost certainly helped spur the bullish mood. The trading volume for the day amounted to 192.1 mln hryvnia, including 30.7 mln hryvnia from the futures market.

For the second day in a row, the most actively traded stock was Motor Sich (MSICH; BUY), with shares being traded for a total of 49.2 mln hryvnia in 1445 transactions. The company was also the best performer in the order-driven market of Ukrainian Exchange, with shares growing 8.55%.

Stakhanov Railcar’s (SVGZ; SELL) stock also saw sizeable growth, with share value increasing 2.59%. Meanwhile, shares of Sumy Frunze Machine Engineering (SMASH; UNDER REVIEW) and Mariupol Illich Iron and Steel (MMKI; BUY) lost 4.86% and 0.63%of their value respectively.