Market comment

Market comment



4 березня 2014 года
Конкорд Капитал

Investors dealt Ukrainian equities their worst selloff in recent history on Monday, March 3 after the Russian government authorized a military invasion of Ukraine during the weekend. The WIG Ukraine Index of Warsaw-traded stocks crashed 16.1% to its lowest level since its December 2010 debut. Its biggest component, grain trader and sunflower oil producer Kernel (KER PW), plummeted 20.6% to its lowest price since May 2009. Sugar maker Astarta (AST PW -13.0%) has plunged 19.8% in five straight negative sessions to its lowest price since April 2013. The Index’s biggest decliner during the session, KSG Agro (KSG PW -23.2%), has crashed 28.1% in four straight losing sessions to its lowest price since its May 2011 debut. Outside the Index, Serinus Energy (SEN PW) plunged 10.9% to its lowest price since July 2013.

In London, the most actively traded Ukrainian stock, iron ore miner Ferrexpo (FXPO LN -7.6%), has plummeted 17.3% in five straight negative sessions to its lowest price since July 2013. Europe’s top egg producer Avangardco (AVGR LI -16.0%) has plunged 20.0% in three straight falling sessions to its lowest price since July 2013. Cadogan Petroleum (CAD LN) sank 13.3% to its lowest level since June 2009. In Germany, Mriya Agroholding (MAYA GR) plunged 30.1% to its lowest level since June 2012 after matching its one-year high on Feb. 26. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks plummeted 11.7% to its lowest level since Feb. 21 after skyrocketing to its highest level since July 2012 on Feb. 27. The biggest decliner was Azovstal (AZST UK -13.2%), which has plunged to its lowest price since Feb. 21 after reaching its highest level since October 2012 on Feb. 26.

Источник: Конкорд Капитал

Аналитик: Максим Слободской
Другие обзоры рынка от Конкорд Капитал


Компании

все компании