Market comment

Обзоры рынка 08.11.2012 The Ukrainian Exchange (UX) Index rose 0.96% in trading on Tuesday, led by shares of Azovstal (AZST UK) +2.78%, Avdiivka Coke (AVDK UK) +2.57% and Yenakiieve Steel (ENMZ UK) +2.26%. Warsaw’s WIG-Ukraine Index declined 0.9%, led by shares of Coal Energy (CLE PW) -3.6% and KSG Agro -3.4%, which hit their one-year lows. Only Agroton shares (AGT PW) bucked the Index’s decline, rising 3.7%. We expect the market to enjoy a bounce from today’s announced U.S. presidential election results.