Market comment

Market comment



18 липня 2014 года
Конкорд Капитал

Investors were largely dumping their Ukrainian equities on Thursday, July 17. The WIG Ukraine Index of Warsaw-traded stocks inched up 0.2%, boosted by its only advancer, sugar maker Astarta (AST PW +2.3%). Farmer Industrial Milk (IMC PW -4.2%) extended its loss streak to three sessions at a 7.4% decline. The Index’s biggest component, grain trader and sunflower oil producer Kernel (KER PW) slid 0.7%. Outside the Index, gas & oil explorer Serinus Energy (SEN PW -2.9%) has fallen 6.9% in four straight losing sessions to its lowest price since its May 2010 IPO. In London, the most actively traded Ukrainian stock, iron ore miner and pellet maker Ferrexpo (FXPO LN), plunged 3.6% on reports of oversupplies on the global market of iron ore. JKX Oil & Gas (JKX LN -4.5%) has lost 7.0% in two sessions. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks fell 1.5%, weighed down by Raiffeisen Bank Aval (BAVL UK -3.3%), which has lost 5.0% in four straight negative sessions. Oil producer Ukrnafta (UNAF UK) surged 5.6% on the government’s expectation it will pay huge dividends.

Источник: Конкорд Капитал

Аналитик: Максим Слободской
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