Market comment

Market comment



8 травня 2014 года
Конкорд Капитал

Ukrainian equities were mostly up Wednesday, May 7 due to a slight easing of tensions in the Ukrainian crisis. The WIG Ukraine Index of Warsaw-traded stocks rose 1.4% after a loss of 8.1% in the last eight trading sessions. The gains were led by its biggest component, grain trader and sunflower oil producer Kernel (KER PW, +3.5%). Also performing well on the day were Agroton (AGT PW, +11.9%), Coal Energy (CLE PW, +4.9%), and egg producer Ovostar Union (OVO PW +4.4%). In London, the most widely traded stock, iron ore miner Ferrexpo (FXPO LN) was up 0.3% after dropping 6.4% in the last eight trading days. Other gainers of the day were Regal Petroleum (RPT LN +7.6%) and Europe’s leading poultry producer MHP (MHPC LI, +4.0%). The noticeable looser of the day was Cadogan Petroleum (CAD LN) falling 3.9%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks rose 2.1%. The best performers of the day were Raiffeisen Bank Aval (BAVL UK, +7.9%) and Ukrsotsbank (USCB UK, +4.8%). There were no losers in the Ukrainain index Wednesday. The Ukrainian stock exchanged will be closed tomorrow for a Victory Day holiday. Let’s hope that the coming weekend will be less violent in Ukraine than the previous one.

Источник: Конкорд Капитал

Аналитик: Максим Слободской
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