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Market comment
Ukrainian equities extended their slump on Thursday, Oct. 2. The WIG Ukraine Index of Warsaw-traded stocks decreased 0.3%, or 2.0% in three straight losing sessions. It was dragged down by car battery maker WESTA (WES PW -6.7%); egg producer Ovostar (OVO PW -3.7%); thermal and coking coal producer Coal Energy (CLE PW -3.4%), which has fallen 9.5% in three straight negative sessions; and KSG Agro (KSG PW -2.5%), which has plummeted 23.3% in eight straight losing sessions. The index’s biggest component, grain trader and sunflower oil maker Kernel (KER PW), rose 0.7%. Outside the index, natural gas explorer Serinus Energy (SEN PW -1.9%) has dropped 7.8% in five straight falling sessions.
In London, the most actively traded Ukrainian stock, iron ore miner and pellet maker Ferrexpo (FXPO LN -3.6%), has plunged 20.8% in six straight losing sessions to its lowest price since April 2009. JKX Oil & Gas (JKX LN) jumped 5.3%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks slid 0.7%, weighed down by steel maker Azovstal (AZST UK -3.6%).
Источник: Конкорд Капитал
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