Wednesday 16 October 2013

Ukrainian stocks wildly mixed in Tuesday trading - Business - News - Ukraine Business Online

Ukrainian stocks wildly mixed in Tuesday trading - Business - News - Ukraine Business Online:

"Tuesday trading in Ukrainian stocks

Concorde Capital provides more on yesterday’s trading in today’s market comment:

“Ukrainian equities were led by a surge in demand for iron ore miner Ferrexpo (FXPO LN, +4.9%) on the London Stock Exchange on Tuesday, October 15 after miner Rio Tinto reported a strong production update. Ferrexpo has advanced 14.4% in four straight positive sessions. Poultry producer MHP (MHPC LI) got a 2.9% boost from its third-quarter production report. The WIG Ukraine Index of Warsaw-traded stocks slid 1.4%, pulled down by selling in its most liquid stock, grain trader Kernel (KER PW, -3.1%). The Ukrainian Exchange (UX) Index of Kyiv-traded stocks gained 1.3%, driven by demand for Raiffeisen Bank Aval (BAVL UK, +4.9%), which released on October 15 statement denying that it’s under sale.”"

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