Market comment

Обзоры рынка 19.07.2012 The Ukrainian Exchange fell for the second straight session on Wednesday as sentiment toward equities in emerging markets and Europe suffered from a pessimistic outlook on jobs from the Chinese prime minister. The UX dropped 2.1%, notably steeper than both the MSCI EM (-0.2%) and MSCI Europe (-0.3%). All but one local blue chip closed in the red. The worst performers were Avdiivka Coke (AVDK UK) -3.5% and Centrenergo (CEEN UK) -3.2%). In Warsaw though, the WIG-Ukraine index posted its fourth straight day in the green, driven by gains in Agroton (AGT PW) +7.3%, Kernel (KER PW) +5.0% and Astarta (AST PW) +5.0%.