Friday 18 October 2013

Washington settlement helps Ukrainian stocks in Kyiv, Warsaw and London - Business - News - Ukraine Business Online

Washington settlement helps Ukrainian stocks in Kyiv, Warsaw and London - Business - News - Ukraine Business Online:

"Trading in Ukrainian stocks Thursday

Concorde Capital provides analysis in its daily market comment:

“Ukrainian equities surged following the emergence of a temporary resolution to the U.S. government’s budget conflict in trading on Thursday, October 17. The WIG Ukraine Index jumped 2.0% after a three-session slump, led by dairy producer Milkiland (MLK PW +7.4%). The Index’s most popular stock, grain trader Kernel (KER PW), gained 1.7%. Coal miner Sadovaya (SGR PW -4.3%) fell 5.1% in two sessions. The most gains were in London, where egg producer Avangard (AVGR LI) jumped 4.9% and poultry producer MHP (MHPC LI) advanced 3.6% to drive UXagro index 2.6%. All three oil and gas companies drew demand: Cadogan Petroleum (CAD LN +2.6%), JKX Oil & Gas (JKX LN +2.5%) and Regal Petroleum (RPT LN +2.5%). The Ukrainian Exchange (UX) Index of Kyiv-traded stocks increased 0.7%, led by Azovstal (AZST UK +2.5%).”"

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