Market comment

Market comment



30 листопада 2012 года
Конкорд Капитал

Ukrainian equities remained popular in Thursday, Nov. 29 trading, particularly on the Warsaw and London exchanges. The Ukrainian Exchange (UX) Index in Kyiv crawled up 0.2%, led by Ukrsotsbank stock (USCB UK +2.9%), which extended a rebound after an eight-session loss streak. In Warsaw, the WIG-Ukraine Index tacked on 0.1%, marking its sixth straight winning session. The gains were led by shares of mining firm Sadovaya Group (SGR PW +3.9%) and food producer Agroton (AGT PW +3.7%), which benefited from unexpectedly strong harvest results reported by the company before the open of trading. Negative news released the same morning by car battery producer WESTA (WES PW) caused traders to dump their shares, plundering them by 22.5%. In London, investors were bullish on Regal Petroleum stock (RPT LN +16.0%), which has gained 29.9% in three straight winning sessions. Other popular buys were Cadogan Petroleum (CAD LN +3.4%) and Ferrexpo (FXPO LN +3.2%). We expect ongoing demand for Ukrainian stocks, which have moved independently of global markets in recent sessions.

Источник: Конкорд Капитал

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