Ag stocks continue to outpace all others in the WIG-Ukraine Index

2017/1/18 15:15:49

Astarta rises 4.8%, extending its win streak to five sessions with an aggregate gain of 12.2%

 


KYIV, Jan 18, 2017 (UBO) – Tuesday trading demonstrated the continued strength of Ukrainian stocks. Concorde Capital provides analysis in its daily market comment below:

 

Ukrainian equities continued to surge on the Warsaw Stock Exchange on Tuesday, Jan. 17. The WIG Ukraine Index climbed 2.4%, extending its hot streak to five sessions at an 11.4% advance. It has reached its highest level since April 2013. Its biggest component, sugar producer Astarta (AST PW), rose 4.8%, extending its win streak to five sessions at a 12.2% gain. Dairy producer Milkiland (MLK PW) surged 15.8%, while farmer Agroton (AGT PW) jumped 15.6% to its highest price since April 2013. In London, iron ore miner and pellet maker Ferrexpo (FXPO LN) plunged 4.0%, or 10.7% in four straight losing sessions. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks increased 3.4%, led by oil producer Ukrnafta (UNAF UK +7.0%).

 

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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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