Market comment

Market comment



23 серпня 2012 года
Конкорд Капитал

Ukraine’s UX index dropped on Wednesday as both bourses across the emerging market and European continent fell following news that the Japanese trade deficit widened more than expected. The selling was broad-based, with all 10 local blue chips in the red. Some of the worst performers were in the metals & mining sector, including Avdiivka Coke (AVDK UK) -2.8%, Alchevsk Iron & Steel (ALMK UK) -2.4% and Azovstal (AZST UK) -1.7%. Warsaw’s WIG-Ukraine index shed 0.8% on the day. Westa (WES PW) lost 11.9% to become the Ukrainian equity universe’s worst performer. Coal Energy (CLE PW) rose 3.5% and Astarta (AST PW) gained 2.7% to buck the trend. Meanwhile, in London, there were also a couple of notable advancers: Cadogan Petroleum (CAD LN) rose 3.7% and JKX Oil & Gas (JKX LN) added 1.2%. The local UX and PFTS exchanges will be closed tomorrow as Ukraine celebrates its 21st independence day; both will reopen on Monday. The next issue of the Ukraine Daily will be published on Monday, August 27.



Источник: Конкорд Капитал

Аналитик: Бред Вэллс
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