Market comment

Market comment



21 травня 2012 года
Конкорд Капитал

Most of the Ukrainian equity universe sank deeper into negative territory on Friday (WIG-Ukraine -2.2%, UX -0.1%). Overall, European stocks posted their worst week in eight months, according to the Wall Street Journal, losing ground to end the week (MSCI Europe -1.0%) as concerns about Chinese growth and the Spanish banking system took center stage. In Warsaw, the WIG Ukraine shed 15.7% over the week. The index’s biggest losers on Friday were Westa (WES PW) -6.9%, Agroton (AGT PW) -5.3% and KSG Agro (KSG PW) -4.0%. Only two stocks in the index basket closed up: coal miners Sadovaya Group (SGR PW) +2.3% and Coal Energy (CLE PW) +2.6%. The local Ukrainian Exchange ended Friday almost flat, with blue chips evenly split between gainers and laggers; the UX fell 8.5% over last week. In London, several Ukrainian stocks were down: Regal Petroleum (RPT LN) -3.9%, Ferrexpo (FXPO LN) -3.6%, and Avangard (AVGR LI) -3.1%.

Источник: Конкорд Капитал

Аналитик: Бред Вэллс
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