Market comment.

Market comment.



8 червня 2012 года
Конкорд Капитал

The local Ukrainian Exchange sank another 4.3% on Thursday, bringing its loss over the last five sessions to 19.8%. Eight of 10 blue chips lost ground, with the steepest being Azovstal (AZST UK) -16.8% and Avdiivka Coke (AVDK UK) -8.9%. For the second straight day, Ukraine was significantly disconnected from other equity markets – frontier markets and Europe were both slightly higher on news of an interest rate cut from China and encouraging results from Spanish debt auction. Ukrainian stocks in London moved on the back of this news, with MHP (MHPC LI) +4.9% and Ferrexpo (FXPO LN) +3.9%. The Warsaw Stock Exchange was closed yesterday for a holiday and will reopen today.



Источник: Конкорд Капитал

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