WIG-Ukraine increases and UX declines to end mixed week for Ukrainian stocks - Business - News - Ukraine Business Online:
"Analysis of trends in Ukrainian stocks
Concorde Capital provides more on Friday’s trading in its daily market comment:
“Ukrainian equities concluded last week with mixed results in trading on Friday, August 2. The WIG Ukraine Index of Warsaw-traded stocks rose 1.6%, powered by a surge in demand for the shares of grain trader Kernel (KER PW +5.4%). Farmer Agroton (AGT PW -2.5%) extended its volatility of recent weeks, falling 8.9% in the last two sessions. Traders dealt a correction to Serinus Energy (SEN PW -4.4%), which had surged 15.6% in the prior two sessions after the company announced it found a potential oil deposit. In London, Cadogan Petroleum (CAD LN) jumped 5.8%, followed by real estate firm DUPD (DUPD LN +3.0%) and egg producer Avangard (AVGR LI +2.4%), which has risen 8.1% in two sessions. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks slid 0.3%, weighed down by Unicredit’s Ukrsotsbank (USCB UK -1.5%), which has fallen 7.6% in six straight losing sessions.”"
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