Market comment

Обзоры рынка 28.04.2014 With a few exceptions, traders were mostly selling Ukrainian equities on Friday, April 25. The WIG Ukraine Index of Warsaw-traded stocks declined 0.4%, owing to dairy producer Milkiland (MLK PW) falling 3.6% and KSG Agro (KSG PW – 2.9%). The Index’s biggest component, grain trader and sunflower oil producer Kernel (KER PW) was flat. In London, the most widely traded Ukrainian stock, iron ore miner Ferrexpo (FXPO LN) fell 1.9%. Another looser of the day was egg producer Avangardco (AVGR LI) falling 2.8%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks dipped 0.2% pulled down by oil producer Ukrnafta (UNAF UK) and Alchevsk Iron & Steel (ALMK UK), both stocks falling 3.5%.