Market comment

Обзоры рынка 12.06.2013 Ukrainian equities were in decline at the Tuesday, June 11 session as traders continued to shed their mining stocks. The WIG Ukraine Index of Warsaw-traded stocks decreased 0.5%, pulled down by the plummeting shares of KDM Shipping (KDM PW -8.0%), which released its annual report yesterday. Other top decliners were mining firm Sadovaya (SGR PW -2.9%) and grain trader Kernel (KER PW -2.1%), which has fallen 5.5% this month. On the positive side, KSG Agro (KSG PW) skyrocketed 24.7%. In London, shares of miner Ferrexpo (FXPO LN -5.0%) plunged to their lowest price since October 2009. They have lost 15.9% of their value this month. JKX Oil & Gas (JKX LN) dropped 3.9%. In Kyiv, the Ukrainian Exchange (UX) Index slid 0.8%, weighed down by the shares of engine maker Motor Sich (MSICH UK -2.0%), which are down 4.8% this month.