WIG Ukraine scores third rise while banks pull UX down

2013/10/22 12:50:00

Monday market leaders included Kernel (+4.2%); KDM Shipping (+2.5%); and Astarta (+1.7%) in Warsaw and Avangard (+4.0%) on the LSE


KYIV, Oct 22, 2013 (UBO) - Asian stock markets wavered Tuesday as investors battened down for U.S. earnings and the September employment report that was delayed by the government shutdown, AP reported, adding that benchmarks in Hong Kong, China, Taiwan and South Korea fell while Japan and Australia posted modest gains.

 

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

www.concorde.ua

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