WIG Ukraine scores third rise while banks pull UX down - Business - News - Ukraine Business Online:
"Analysis of Ukrainian equities Monday markets
Concorde Capital provides more information on Monday trading in its daily market report:
“Ukrainian equities extended their gains on Monday, October 21 in line with the European markets. The WIG Ukraine Index of Warsaw-traded stocks rose 1.9%, or 4.2% in three straight winning sessions. The leading gainers were grain trader Kernel (KER PW +4.2%), KDM Shipping (KDM PW +2.5%) and sugar maker Astarta (AST PW +1.7%), which has advanced 7.8% in three straight positive sessions. In London, egg producer Avangard (AVGR LI +4.0%) has surged 13.0% in four straight winning sessions. Iron ore miner Ferrexpo (FXPO LN +2.2%) rode the wave of mining sector gains from increasing metal prices. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks declined 1.1%, pulled down by banking components Raiffeisen Bank Aval (BAVL UK -2.3%) and Unicredit’s Ukrsotsbank (USCB UK -2.5%). Beyond the Index, Stakhanov Railcar (SVGZ UK) tumbled 7.7% after revealing plans to reduce output, while chemical maker Stirol (STIR UK) plummeted 7.8%.”"
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