Investors continue off-loading Ukrainian stocks for second week

2017/9/26 13:29:56

Ferrexpo (FXPO LN), Ukraine’s most widely held and traded stock, slid 3.5% on Monday, extending its cold streak to three sessions with a total decline of 10.1%.


 

 

 

 

 

 

 

 

 

 

KYIV, Sep 26, 2017 – Investors keep looking for a bottom in the current downturn but the evidence suggests this bear has a few more miles to run. Concorde Capital provides a Monday close-of-day snapshot in its daily market comment below:

 

Investors kept dumping their Ukrainian equities on Monday, Sept. 25. The WIG Ukraine Index of Warsaw-traded stocks slid 0.1%, extending its cold streak to seven sessions at an 8.3% loss. It was pulled down by sugar maker Astarta (AST PW), which fell 0.8%, extending its loss streak to seven sessions at a 13.7% drop. Investors snapped a four-session plunge for farmer Agroton (AGT PW), which bounced 3.5%. In London, iron ore miner and pellet maker Ferrexpo (FXPO LN) slid 3.5%, extending its cold streak to three sessions at a 10.1% drop. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks declined 0.9%, or 1.4% in two 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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