Market comment

Market comment



14 листопада 2012 года
Конкорд Капитал

Global concerns on the U.S. fiscal cliff tainted Ukrainian equities on Tuesday, Nov. 13. The Ukrainian Exchange (UX) Index fell 2.3% as investors cashed in on prior-session gains in the steel sector. Shares of Yenakiieve Steel (ENMZ UK) dropped 4.6%, Alchevsk Steel (ALMK UK) stock fell 4.5% and Azovstal (AZST UK) stock was down 3.7%. In Warsaw, the WIG-Ukraine (WIGUKR) Index bounced 0.1% with the help of Agroton (AGT PW) and Milkiland (MLK PW) shares, which bumped up 1.0%. Shares of KSG Agro (KSG PW -0.4%) and Coal Energy (CLE PW -0.3%) plunged deeper into their one-year lows. In London, traders slammed shares of poultry producer MHP (MHPC LI -5.7%). Shares of egg producer Avangard (AVGR LI) were unchanged for the fourth straight session. We expect stocks to remain tame today with the positive Asian equity momentum being offset by U.S. fiscal cliff concerns and data showing industrial output declines in Europe.

Источник: Конкорд Капитал

Аналитик: Максим Слободской
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