Monday, 30 September 2013

A sluggish Friday for Ukrainian equities with one remarkable exception - Business - News - Ukraine Business Online

A sluggish Friday for Ukrainian equities with one remarkable exception - Business - News - Ukraine Business Online:

"Analysis of Friday’s trading of Ukrainian stocks in Kyiv, Warsaw and London

Concorde Capital provides more in its daily market comment:

“Ukrainian equities were in line with European sluggishness in trading on Friday, September 27. The WIG Ukraine Index of Warsaw-traded stocks slipped 0.3%, finishing the week at a 0.7% gain. The biggest decliners were sugar maker Astarta (AST PW -2.0%) and Coal Energy (-2.0%). Dairy producer Milkiland (MLK PW +1.7%) rose 5.1% in two sessions. In London, the erratic shares of Regal Petroleum (RPT LN) plunged 6.7% and Cadogan Petroleum (CAD LN) dropped 5.6%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks rose 2.4%, finishing the week at a 1.0% gain. The Index has been propped up by the skyrocketing shares of Unicredit’s Ukrsotsbank (USCB UK +47.6%), which have advanced 68.1% in four straight winning sessions.”"

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