Market comment

Обзоры рынка 09.07.2015 Ukrainian equities were lockstep with the global selloff on Wednesday, July 8. The WIG Ukraine Index of Warsaw-traded stocks dropped 0.8%, weighed down by sugar maker Astarta (AST PW), which decreased 1.0%, and KSG Agro (KSG PW), which plunged 7.9%. Natural gas E&P Serinus Energy (SEN PW) plummeted 6.0%, extending its cold streak to five sessions at an 11.6% loss. The stock is at its lowest price since July 2013. In London, the most actively traded Ukrainian stock, iron ore miner and pellet maker Ferrexpo (FXPO LN), rose 1.3%. Egg producer Avangardco (AVGR LI) plummeted 8.7% to its lowest price since its April 2010 IPO. Natural gas E&P JKX Oil & Gas (JKX LN) fell 4.4%, deepening its loss streak to four sessions at a 21.8% plunge. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks declined 0.5%, or 2.2% in three straight negative sessions.