OREANDA-NEWS. March 17, 2011. UFC Capital released daily market view:

After a sharp drop in stock prices the day before, the Ukrainian Exchange Index ended the trading session on March 16 above the flatline. The indicator was able to make gains despite negative statistics published in the second half of the day. Overall, the UX Index finished the day at 2559.26 points – 1.6% over yesterday's close. The fact that investors wanted to buy equities that they felt were underpriced was also reflected in a sizeable trading volume, which amounted to UAH 340.2 mln; the aforementioned figure includes UAH 139.6 mln from the futures market.

Motor Sich (MSICH; BUY) was the most demanded stock of the day, with trading volume increasing to UAH 52.1 mln (plus 22%) and share value increasing 1.87% as a result. Ukrnafta (UNAF; SELL) stock became popular in the second half of the day, which spurred growth in the amount of 2.99% on the day. Prior to this, the stock's performance was rather lackluster.

Novomoskovsk Pipes (NVTR; BUY) stock lost 3.76% despite being added to the list of companies to which the government would automatically refund VAT payments. We want to point out that only 24 enterprises currently are on this list.

The top performing stocks of the day on the order driven market were Luganskteplovoz (LTPL; SELL) and Central Mining (CGOK; BUY), which increased by 6.32% and 6.16% respectively.