OREANDA-NEWS. October 13, 2011. Concorde Capital released daily Ukrainian market view:
The UX rose 0.55% on Wednesday, picking up on momentum in global equity markets yesterday (FTSE 100 +0.85%, WIG +2.20%, MSCI EM +1.51%). The best performers among locally traded stocks were Ukrnafta (UNAF UK, U/R) +2.88% and Motor Sich (MSICH UK) +1.46%.
U.S. and European indices finished higher yesterday on expectations Europe would manage its debt troubles and the Federal Reserve said it discussed further asset purchases to boost growth. Commodities and the Euro gained, while the Dow Jones Industrial Average erased its 2011 loss. Asian markets are climbing for a sixth consecutive day this morning, with export and resources firms among the biggest gainers. We expecting to see the Ukrainian stock market to open slightly lower, as European and U.S. index future are trading in the red.
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