WIG Ukraine up – UX down in Tuesday trading

2013/9/25 13:59:24

Ovostar, Agroton and KSG Agro help WIG Ukraine advance while Motor Sich weighs down the UX

 


KYIV, Sept 25, 2013 (UBO) – European stocks found no direction todays investors waited for a report on US durable goods orders and the possibility that the US faces another chaotic government stand-off resulting in at least temporary shutdown.

 

Trading in Ukrainian stocks on Tuesday

 

Concorde Capital analyzes yesterday’s trading in today’s market comment:

 

“Ukrainian equities showed a mixed performance in trading on Tuesday, September 24. The WIG Ukraine Index of Warsaw-traded stocks rose 0.8%, fueled by demand for egg producer Ovostar (OVO PW +5.4%) and farmer Agroton (AGT PW +4.2%). KSG Agro (KSG PW +0.4%) has increased 7.4% in three straight positive sessions, while traders snapped a four-session win streak for dairy producer Milkiland (MLK PW -1.3%) during which it had gained 16.6%. In London, the erratic shares of Regal Petroleum (RPT LN) plunged 10.5% after reporting declines in first-half profit and 3Q-to-date production. Iron ore miner Ferrexpo (FXPO LN -2.6%) has fallen 6.1% in three straight negative sessions on recent selling of mining shares. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks dropped 1.9%, extended its loss streak to three sessions at a 3.7% decline. It has been weighed down by engine maker Motor Sich (MSICH UK -4.3%), which has lost 7.5% in three straight negative sessions. Outside the index, Ukrtelecom fell 5.5%.”

 

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

www.concorde.ua

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