Market comment

Market comment



31 серпня 2015 года
Конкорд Капитал

Investors indulged in bottom-fishing for Ukrainian stocks on Friday, Aug. 28 in the aftermath of the global stock market selloff. The WIG Ukraine Index of Warsaw-traded stocks rose 5.4%, concluding the week at a 9.0% gain and emerging from the turbulence relatively unscathed. It was led by grain trader and sunflower oil producer Kernel (KER PW), which advanced 6.4% on Friday and finished the week at a 5.0% increase. KSG Agro (KSG PW) improved 9.6%, concluding the week at a 21.2% improvement. Outside the index, natural gas E&P Serinus Energy (SEN PW) increased 3.9%, finishing the week at a 5.6% gain.

In London, the most actively traded Ukrainian stock, iron ore miner and pellet maker Ferrexpo (FXPO LN), rose 5.6%, concluding the week at a 7.4% increase. Egg producer Avangardco (AVGR LI) crashed 25.7% to its lowest price since its April 2010 IPO after releasing its second-quarter earnings. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks improved 0.9% on Friday, concluding the week at a 0.4% gain.

Источник: Конкорд Капитал

Аналитик: Максим Слободской
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