Market comment

Обзоры рынка 05.09.2014 As hopes for a ceasefire in Donbas cooled, so did demand for Ukrainian equities. The WIG Ukraine Index of Warsaw-traded stocks inched up 0.1% with its biggest component, grain trader and sunflower oil producer Kernel (KER PW), gaining 1.0%, or 6.8% in two sessions. The Index’s least liquid stocks kept drawing demand as KSG Agro (KSG PW +26.4%) has advanced 85.7% in two sessions. Coal Energy (CLE PW +9.0%) has surged 54.5% in three straight positive sessions. Car battery maker WESTA (WES PW +3.8%) has improved 28.6% in two sessions. In London, the most actively traded Ukrainian stock, iron ore miner and pellet maker Ferrexpo (FXPO LN) increased 0.4%, or 4.1% in two sessions. Real estate firm DUPD (DUPD LN +3.2%) has risen 4.9% in two sessions. Regal Petroleum (RPT LN) plunged 8.6%. The Ukrainian Exchange (UX) Index of Kyiv-traded decreased 0.2%, weighed down by oil producer Ukrnafta (UNAF UK -3.9%) after it reportedly postponed its AGM full of dividend hopes from Sept. 11. Power GenCo Donbasenergo (DOEN UK -1.0%) has plummeted 13.3% in six straight losing sessions.