Last week ends with big gains and losses in Kyiv and Warsaw - Business - News - Ukraine Business Online:
"Concorde Capital takes a look at Friday’s action in its daily market comment:
“Ukrainian equities concluded the week offering investors some big gains and losses in trading on Friday, August 9. The WIG Ukraine Index of Warsaw-traded stocks dropped 1.1%, concluding the week at a 0.9% gain. The biggest weight on the index was grain trader Kernel (KER PW -5.6%). On the flip side, investors scooped up Sadovaya Group (SGR PW + 12.9%) after reporting new sales and farmer Agroton (AGT PW +9.6%), which reported its debt restructuring plan was approved by shareholders. Its shares have risen 13.5% in two sessions, but have otherwise fallen 74.8% this year. In London, iron ore miner Ferrexpo (FXPO LN) jumped 5.9% on Chinese industry data, widening its August gain to 14.1%. Regal Petroleum (RPT LN) jumped 4.8% after eight consecutive unchanged sessions. Egg producer Avangard (AVGR LI +1.5%) has gained 4.7% in three straight positive sessions. The Ukrainian Exchange (UX) Index increased 0.3%, led by Raiffeisen Bank Aval (BAVL UK +1.2%). Ukrtelecom (UTLM -9.5%) has declined 12.3% this month.”"
'via Blog this'
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