Trading volumes decline as August doldrums set in early

2013/7/23 13:03:59

Coal Energy up +6.1% yesterday but even with that remains down –28.4% this month

 


KYIV, July 23, 2013 (UBO) -  European stock markets climbed on Tuesday, reflecting overnight gains in Asia after political leaders signaled Beijing is committed to supporting growth in China, MarketWatch reported.

 

Analysis of Monday trading of Ukrainian stocks

 

Concorde Capital provides more information on trading in Eastern Europe in its daily market comment:

 

“Investors spent the Monday, July 22 trading session bargain-hunting for Ukrainian stocks, which otherwise showed little movement. The WIG Ukraine Index of Warsaw-traded equities inched up 0.1%, led by Coal Energy (CLE PW +6.1%), which has otherwise lost 28.4% this month, car battery producer WESTA (WES PW +5.1%), which has risen 6.9% this month and KSG Agro (KSG PW +4.5%), which has improved 4.9% this month. As for the more liquid stocks, grain trader Kernel (KER PW -1.7%) has slid 4.5% in two sessions while sugar producer Astarta (AST PW +1.5%) has improved 6.6% in four straight advancing sessions. In London, the biggest Ukrainian mover was real estate firm DUPD (DUPD LN +2.5%). The Ukrainian Exchange (UX) Index of Kyiv-traded stocks dropped 0.4%, weighed down by Raiffeisen Bank Aval (BAVL UK -1.0%).”

 

For charts of last session top-3 map, last session performance and more, link below:

www.concorde.ua

 

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