Market comment

Market comment



15 серпня 2012 года
Конкорд Капитал

The Ukrainian Exchange index remained in positive territory for a third straight day on Tuesday, benefiting from renewed optimism toward frontier market equities (MSCI FM +0.7% yesterday), which was backed by more hope about the global economy after better-than-expected economic data from the US, India and Europe. The UX added 0.2%, bringing its three-day tally to +1.3%. Yesterday’s advance was driven by advances in basic materials stocks, including Avdiivka Coke (AVDK UK) +1.6% and Azovstal (AZST UK) +1.5%. Meanwhile, Warsaw’s WIG-Ukraine index reversed course for the fourth time in as many days, dropping 0.2%. Six of its 10 components finished down over the session, led by KSG Agro (KSG PW) -3.2%, which reported worse-than-expected early harvest results yesterday (see our news below). In London, JKX Oil & Gas (JKX LN) plunged 4.7% after reporting a loss on its Ukrainian assets, while other LSE-listed Ukrainian stocks fared better on the day, including Regal Petroleum (RPT LN) +2.3% and Ferrexpo (FXPO LN) +1.5%. In other news, the Warsaw Stock Exchange announced yesterday that it added KDM Shipping (KDM PW), which listed earlier this month, to both its WIG-Ukraine and WIG-CEE indices.



Источник: Конкорд Капитал

Аналитик: Бред Вэллс
Другие обзоры рынка от Конкорд Капитал


Компании

все компании