Market comment



6 травня 2015 года
Конкорд Капитал

Ukrainian equities were mostly drawing interest on Tuesday, May 5. The WIG Ukraine Index of Warsaw-traded stocks increased 0.1%, or 1.7% in two sessions. Its biggest component, grain trader and sunflower oil maker Kernel (KER PW), slid 1.1% while sugar maker Astarta (AST PW) rose 2.3%, or 5.3% in two sessions. In London, iron ore pellet maker Ferrexpo (FXPO LN) gained 2.6%. Natural gas E&P Regal Petroleum (RPT LN) jumped 18.6%, while egg producer Avangardco (AVGR LI) plunged 8.0%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks increased 0.7%, led by Alchevsk Steel (ALMK UK +5.7%).

On the bond market, quasi-sovereigns were most active, drawing both buying and selling interest. A large number of sellers of Ukrainian Railways Eurobonds (RAILUA 05’18) was not able to change its price much, pointing to the existence of a big buyer at levels close to 57% of par. Activity in sovereign paper was tame as the market remained in its wait-and-see mode.

Источник: Конкорд Капитал

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