Market comment

Market comment



23 жовтня 2012 года
Конкорд Капитал

The Ukrainian Exchange was down again on Monday as earnings reports from developed market countries continued to underwhelm. The UX slipped 0.7% and had seven of its 10 blue chips fall. The worst performers were Donbasenergo (DOEN UK) -1.8% and Azovstal (AZST UK) -1.7%. Meanwhile, in Poland, the WIG-Ukraine index rose 0.3%, led by gains in Kernel (KER PW) +2.2% and Coal Energy (CLE PW) +1.6%. Sadovaya Group (SGR PW) continued to tumble, shedding -20.0% yesterday to hit a new all-time low of PLN 2.5, after a disappointing production report last week; the stock is down 43.8% in the last two days. In London, MHP (MHPC LI) added 1.8%, while other Ukrainian names were little changed. The local market looks set to start a third straight day in the red, following losses this morning in Russia at open.



Источник: Конкорд Капитал

Аналитик: Бред Вэллс
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