Market comment

Обзоры рынка 23.10.2014 Ukrainian equities showed little movement on Wednesday, October 22. The WIG Ukraine Index of Warsaw-traded stocks inched up 0.4% along with its biggest component, grain trader and sunflower oil producer Kernel (KER PW +0.7%). Coal Energy (CLE PW) jumped 9.2%. In London, the most actively traded Ukrainian stock, iron ore miner and pellet maker Ferrexpo (FXPO LN), improved 3.4%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks slid 0.4%, or 3.9% in six straight declining sessions. It was weighed down by oil producer Ukrnafta (UNAF UK -4.6%), which has plummeted 24.3% in three straight losing sessions.