Market comment

Market comment



24 жовтня 2012 года
Конкорд Капитал

Warsaw’s WIG-Ukraine index slipped on Tuesday with global markets reeling from poor earnings announcements and a downturn in commodities prices. Six of the index’s 11 components were red, sending the WIG-Ukraine down 0.7%. The worst performers were Agroton (AGT PW) -4.2% and Coal Energy (CLE PW) -4.0%. Selling pressure eased up on Sadovaya Group (AGR PW), which bounced +3.6%, after falling 43.8% in the previous two sessions to a new all-time low. The local UX, meanwhile, was nearly flat yesterday. The 10 local blue chips were equally split between advancers and laggers. In London, most Ukrainian equities saw relatively steep losses, including Cadogan Petroleum (CAD LN) -4.6% and Ferrexpo (FXPO LN) -3.6%. Russia is off in positive territory this morning and European futures are pointing green, leading us to expect a slightly higher open this morning for Ukrainian stocks as well.



Источник: Конкорд Капитал

Аналитик: Бред Вэллс
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