Tuesday 23 July 2013

Trading volumes decline as August doldrums set in early - Business - News - Ukraine Business Online

Trading volumes decline as August doldrums set in early - Business - News - Ukraine Business Online:

"Concorde Capital provides more information on trading in Eastern Europe in its daily market comment:

“Investors spent the Monday, July 22 trading session bargain-hunting for Ukrainian stocks, which otherwise showed little movement. The WIG Ukraine Index of Warsaw-traded equities inched up 0.1%, led by Coal Energy (CLE PW +6.1%), which has otherwise lost 28.4% this month, car battery producer WESTA (WES PW +5.1%), which has risen 6.9% this month and KSG Agro (KSG PW +4.5%), which has improved 4.9% this month. As for the more liquid stocks, grain trader Kernel (KER PW -1.7%) has slid 4.5% in two sessions while sugar producer Astarta (AST PW +1.5%) has improved 6.6% in four straight advancing sessions. In London, the biggest Ukrainian mover was real estate firm DUPD (DUPD LN +2.5%). The Ukrainian Exchange (UX) Index of Kyiv-traded stocks dropped 0.4%, weighed down by Raiffeisen Bank Aval (BAVL UK -1.0%).”"

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