Ukrainian stocks declined across the board on Friday, February 10. The UX index tumbled 2,97% to 1494,53 points; Sortis-15 skidded 3,37% to 67,1 points and WIG UA plunged 1,4% to 805,9 points. Sell-off was observed during the trading session according to deterioration in market moods after another failure in negotiations between Greece and EU. On the local market, the most notable losers were Interpipe Novomoskovsk Pipe-Production Plant /NVTR/ - 16,47%, Zakhidenergo /ZAEN/ - 4,44% and Ukrnafta /UNAF/ - 4,31%. In the green finished Poltava Ore Mining and Processing Plant /PGOK/ + 4,52%, Ukrainian Automobile Corporation /AVTO/ + 3,46% and Dniproenergo /DNEN/ + 2,01%. The highest trading volume showed Motor Sich /MSICH/ – USD 1,8 mn, Avdiivka Cokery Plant /AVDK/ – USD 1,2 mn and Alchevsk Metallurgical Plant /ALMK/ – USD 1,0 mn, when total equity trading volume was USD 9,1 mn. Monday, February 13 we bargain for regain after Friday’s decrease. On the Eve, Greek Parliament approved new measures of budget economy and markets would wait for counter-move in terms of another loan. We mark shares of Kernel Holding /KERN/ before publication 2Q2012FY statement. On the local market we vote for Krukivsky Carriage Works /KVBZ/. The Company approved full load of wagon production facilities with the result 1 thousand items in January. We think, after news from Greece and in absentia of main statistics, markets will look at corporate news and price dynamic at raw materials markets. Markets will under pressure of Japan’s 4Q2011 GDP data. Figure decreased 0,6% against projected decrease by 0,3%.
Ukrainian stocks, listed on international markets, closed predominantly in the red. Between the most notable losers found oneself TMM Real Estate Development /TR61q/ - 11,13%, Ukrproduct Group /UKR/ - 6,67%, Ferrexpo /FXPO/ - 5,57%, Astarta Holding /ASTH/ - 4,07% and JKX Oil & Gas /JKX/ - 3,98%. Only Mriya Agro Holding /MAYAq/ + 1,78%, Ovostar Union /OVO/ + 0,55%, KSG Agro /KSG/ + 0,42% and Industrial Milk Co /IMCP/ + 0,31% extended gains.
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