Friday 9 August 2013

WIG-Ukraine rises 1.2% while UX remains unchanged - Business - News - Ukraine Business Online

WIG-Ukraine rises 1.2% while UX remains unchanged - Business - News - Ukraine Business Online:

"As for current realities on a regional basis, Concorde Capital provides analysis of yesterday’s results:

“Ukrainian equities in Warsaw rode the positive momentum on the European markets in trading on Thursday, August 8. The WIG Ukraine Index of Warsaw-traded stocks rose 1.2%, led by the thinly traded shares of car battery maker WESTA (WES PW +10.0%). The other leading gainers were farming companies Agroton (AGT PW +3.6%), Kernel (KER PW +3.0%) and KSG Agro (KSG PW +1.1%), which has advanced 8.9% in three straight positive sessions. Beyond the index, Serinus Energy (SEN PW) increased 2.7%, breaking a four-session skid in which it lost 10.6%. In London, traders dealt a correction to iron ore miner Ferrexpo (FXPO LN -1.5%) after its prior-session surge of 13.2% on strong second-quarter earnings. JKX Oil & Gas (JKX LN +1.1%) has improved 6.0% in four straight winning sessions. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks was unchanged, with the biggest mover being Avdiivka Coke (AVDK UK +0.8%). Beyond the index, Ukrtelecom (UTLM UK) slid 2.9%.”"

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