Tuesday 30 July 2013

Gains Monday for WIG-Ukraine and UX - Business - News - Ukraine Business Online

Gains Monday for WIG-Ukraine and UX - Business - News - Ukraine Business Online:

"Concorde Capital provides more on yesterday’s regional trading in its daily market comment:

“Ukrainian equities bucked global trends by rising on Monday, July 29. The WIG Ukraine Index of Warsaw-traded stocks increased 1.1%, led by the shares of sugar producer Astarta (AST PW +2.8%), which have gained 22.0% this month. Traders dealt a correction to farmer Agroton (AGT PW -5.8%) after big gains last week. However, its shares have plunged 25.1% this month. In London, Regal Petroleum (RPT LN) jumped 5.0%, followed by JKX Oil & Gas (JKX LN +4.8%), which has surged 23.6% in six straight winning sessions. JKX profit fell in 1H13 but it reported higher output prospects for the future. Iron ore miner Ferrexpo (FXPO LN +3.5%) has surged 31.0% this month. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks rose 0.3%, fueled by power generators (GenCos) Donbasenergo (DOEN UK +1.5%), which has advanced 6.2% in five straight positive sessions, and Centrenergo (CEEN UK +1.4%), which has risen 10.5% in four straight winning sessions.”"

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