Market comment

Обзоры рынка 17.08.2012 Warsaw’s WIG-Ukraine index rose on Thursday after a one-day break for Assumption Day as globally equities responded to optimism on a four-year peak in U.S. building permits. The WIG-Ukraine’s 1.4% gain placed it among the best performing indices in the EMEA region yesterday. All but two index components were in the green. The day’s biggest winners were KDM Shipping (KDM PW) +8.5% and Sadovaya Group (SGR PW) +6.2%. The local UX also closed up, but advanced a more muted 0.3%. Nine of the 10 local blue chips finished higher. In London, Ukrainian stocks were also making ground, including Ferrexpo (FXPO LN) +3.1% and Avangard (AVGR LI) +2.0%.