Market comment

Market comment



12 листопада 2014 года
Конкорд Капитал

As Warsaw traders took an Independence Day holiday to rest from their selloff of Ukrainian equities, the task was taken up by Kyiv traders on Tuesday, Nov. 11. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks collapsed 7.6%, or 10.4% in four straight losing sessions. Leading the declines were Yenakiyeve Steel (ENMZ UK -21.7%), Alchevsk Steel (ALMK UK -14.2%) and Avdiyivka Coke (AVDK UK -13.5%), all of whose operations are based in the Donbas war zone. All three stocks reached their lowest price since the UX’s debut in March 2009. In London, the most actively traded Ukrainian stock, iron ore miner and pellet maker Ferrexpo (FXPO LN), improved 1.8%. Europe’s top egg producer Avangardco (AVGR LI -2.4%) has fallen 7.7% in four straight negative sessions to its lowest price since its April 2010 IPO.

Источник: Конкорд Капитал

Аналитик: Максим Слободской
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