Stock action subdued with few bright spots on Wednesday

2014/10/23 15:18:32

“In London, the most actively traded Ukrainian stock, iron ore miner and pellet maker Ferrexpo (FXPO LN) improved 3.4%.”


KYIV, Oct 23, 2014 (UBO) – Investors were mostly sitting on the sidelines in the main markets for Ukrainian equities – Kyiv, Warsaw and London – with activity expected to pick up only after the punters have a chance to weigh the outcome of the Ukrainian parliamentary elections. We get more on Wednesday’s trading in today’s market comment from Concorde Capital:

 

“Ukrainian equities showed little movement on Wednesday, October 22. The WIG Ukraine Index of Warsaw-traded stocks inched up 0.4% along with its biggest component, grain trader and sunflower oil producer Kernel (KER PW +0.7%). Coal Energy (CLE PW) jumped 9.2%. In London, the most actively traded Ukrainian stock, iron ore miner and pellet maker Ferrexpo (FXPO LN) improved 3.4%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks slid 0.4%, or 3.9% in six straight declining sessions. It was weighed down by oil producer Ukrnafta (UNAF UK -4.6%), which has plummeted 24.3% in three straight losing sessions.”

 

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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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