Market comment

Обзоры рынка 12.07.2012 The Ukrainian Exchange oscillated back to a loss on Wednesday, its fifth change in direction in as many days, as global markets skidded ahead of yesterday’s release of minutes from the US Federal Reserve and clues of further stimulus, and early earning reports underwhelmed. The UX fell 1.0% over the session as eight of 10 blue chips retreated. In Warsaw, the WIG-Ukraine index closed off 0.5%, led by losses in Westa (WES PW) -6.8%, Agroton (AGT PW) -2.0% and Astarta (AST PW) -1.7%. Ukrainian names in London were also mostly lower, including MHP (MHPC LI) -5.7% and Regal Petroleum (RPT LN) -1.5%.