Market comment

Market comment



18 серпня 2014 года
Конкорд Капитал

Ukrainian equities were thinly traded on Friday, Aug. 15. In London, JKX Oil & Gas (JKX LN) rose 1.2%, finishing the week with a 19.9% gain. The increase failed to offset its 22% fall in the previous two weeks, which was caused by an interim increase in production-based taxes for natural gas producers in Ukraine. Another gas producer, Warsaw-listed Serinus Energy (SEN PW), was also a big winner this week, advancing 18.4%. In the previous two weeks, it fell much deeper than JKX: -33%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks improved 1.2%, led by Yenakiyeve Steel (ENMZ UK +5.9%). The stock has recovered after a 9.3% fall in the previous three sessions, prompted by a halt in the steel mill's operation due to war-afflicted damage. The Warsaw Stock Exchange was closed on Friday for Assumption Day.

Источник: Конкорд Капитал

Аналитик: Максим Слободской
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