Market comment

Market comment



2 серпня 2012 года
Конкорд Капитал

Ukraine’s UX index was back in the black on Wednesday (+0.3%), snapping a one-day stint below the breakeven point, as most of Europe (MSCI Europe +0.3%) benefitted from expectations of further central bank stimulus measures to boost economic growth. Seven of 10 local blue chips moved higher, led by Avdiivka Coke (AVDK UK) +3.3% and Alchevsk Iron & Steel (ALMK UK) +2.2%. In Warsaw, the WIG-Ukraine dropped 1.3%. It was the fourth day running that the index has changed direction, and index components remaining mixed but were mostly down yesterday. The steepest decliners were Sadovaya Group (SGR PW) -4.8% and KSG Agro (KSG PW) -4.6%. In London, most Ukrainian equities were higher, led by Cadogan Petroleum (CAD LN) +5.6% and JKX Oil & Gas (JKX LN) +4.0%.



Источник: Конкорд Капитал

Аналитик: Бред Вэллс
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