OREANDA-NEWS. March 25, 2011. UFC Capital released daily market view:

On March 24, the Ukrainian Exchange Index came close to breaking its record high. The positive dynamics on European and American stock markets strongly influenced the Ukrainian Exchange Index, which grew by 2.24% to reach 2876.33 points. Moreover, the trading volume on the spot market reached its new maximum of UAH 405.3 mln, while the futures market had a trading volume similar to that of the previous session at UAH 115.8 mln.

Motor Sich (MSICH; BUY) finished the day up 4.02% and was the most influential stock on the overall dynamic of the index basket. Trading for Motor Sich stock accounted for more than 28% of the total trading volume on the market, which is likely due to news that shareholders decided to pay out dividends of UAH 10 per share at the company's AGM. We want to note that the amount paid in dividends will be less than 2% of the company's net profit for 2010.

In other news, Central Mining (CGOK; HOLD), Azovstal (AZST; SELL), and Alchevsk Iron and Steel (ALMK; SELL) finished the day up 4.63%, 4.38% and 3.94% respectively. The only instrument in the index basket that finished the day in the red zone was Zakhidenergo (ZAEN; HOLD), whose stock dropped 0.34% in share value. UFC Capital daily market view

On March 24, the Ukrainian Exchange Index came close to breaking its record high. The positive dynamics on European and American stock markets strongly influenced the Ukrainian Exchange Index, which grew by 2.24% to reach 2876.33 points. Moreover, the trading volume on the spot market reached its new maximum of UAH 405.3 mln, while the futures market had a trading volume similar to that of the previous session at UAH 115.8 mln.

Motor Sich (MSICH; BUY) finished the day up 4.02% and was the most influential stock on the overall dynamic of the index basket. Trading for Motor Sich stock accounted for more than 28% of the total trading volume on the market, which is likely due to news that shareholders decided to pay out dividends of UAH 10 per share at the company's AGM. We want to note that the amount paid in dividends will be less than 2% of the company's net profit for 2010.

In other news, Central Mining (CGOK; HOLD), Azovstal (AZST; SELL), and Alchevsk Iron and Steel (ALMK; SELL) finished the day up 4.63%, 4.38% and 3.94% respectively. The only instrument in the index basket that finished the day in the red zone was Zakhidenergo (ZAEN; HOLD), whose stock dropped 0.34% in share value.