Market comment

Обзоры рынка 16.04.2014 Investors kept shedding their Ukrainian stocks on Tuesday, April 15 after the Russian invasion of the Ukrainian mainland. The WIG Ukraine Index of Warsaw-traded stocks dropped 2.6%, or 5.9% in two sessions. Its biggest component, grain trader and sunflower oil producer Kernel (KER PW -2.7%), has lost 7.7% in two sessions. Sugar producer Astarta (AST PW -4.7%) has slid 6.9% in two sessions while farmer Agroton (AGT PW -1.7%) has plunged 15.3% in three straight negative sessions. Outside the Index, Serinus Energy (SEN PW -2.4%) has dropped 11.7% in four straight losing sessions. In London, Regal Petroleum (RPT LN) plunged 7.1% and poultry producer MHP (MHPC LI) lost 4.1%. Iron ore miner Ferrexpo (FXPO LN -2.0%) has slid 3.9% in two sessions. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks decreased 0.5%, or 4.2% in two sessions after hitting its highest level in nearly two years.