Regional trading analysis for Monday
Concorde Capital provides more on regional trading in its daily market comment:
“Ukrainian equities kicked off autumn on a positive note in trading on Monday, September 2. The WIG Ukraine Index of Warsaw-traded stocks crept up 0.3%, largely owing to gains made by grain trader Kernel (KER PW +1.9%). The other notable gainers were the thinly traded shares of car battery maker WESTA (WES PW +3.6%) and coal miner Sadovaya Group (SGR PW +1.9%). KSG Agro (KSG PW -1.9%) has plunged 17.1% in six straight declining sessions. Egg producer Ovostar (OVO PW -2.0%) has lost 3.6% in two sessions. Outside the Index, Serinus Energy (SEN PW) jumped 2.7%, extending its gains to 3.6% in three straight positive sessions. In London, iron ore miner Ferrexpo (FXPO LN) surged 6.7% on rising metal prices and upbeat Chinese purchasing manager data, snapping a four-session losing streak in which it lost 10.3%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks fell 1.1%, pulled down by engine maker Motor Sich (MSICH UK -5.0%).”
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