Market comment

Market comment



9 листопада 2012 года
Конкорд Капитал

Ukrainian equities were hit by the global wave of concern about the effect of U.S. President Barack Obama’s re-election on the U.S. economy. The Ukrainian Exchange (UX) index fell 2.6% in the Thursday session, with the declines led by shares Azovstal (AZST UK -5.0%), oil producer Ukrnafta (UNAF UK -4.6%), Yenakiieve Steel (ENMZ UK -4.25%) and Alchevsk Steel (ALMK UK -4.2%). In Warsaw, the WIG-Ukraine Index fell 0.7%, with the declines led by Agroton (AGT PW -3.7%) and sugar producer Astarta (AST PW -2.7%). Coal Energy (CLE PW -0.8%) stock slid for the ninth consecutive session to its one-year low, while KSG Agro (KSG PW) bounced 1.2% from its one-year low in the prior session. In London, investors dumped shares of poultry producer MHP (MHPC LI -4.8%), while Cadogan Petroleum (CAD LN) stock rebounded 4.9% from its prior-day drop. We expect positive China data released this morning to offset lingering concern over the economic consequences of the U.S. election.

Источник: Конкорд Капитал

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