Market comment

Обзоры рынка 21.10.2014 Ukrainian equities were strong in London but weak elsewhere on Friday, Oct. 17. The WIG Ukraine Index of Warsaw-traded stocks slid 0.2%, falling 4.9% in three straight negative sessions to its lowest level since its December 2010 debut. It was weighed down by sugar maker Astarta (AST PW -0.9%), which has fallen 4.9% in four straight negative sessions, and KSG Agro (KSG PW -2.6%), which has declined 5.9% in three straight losing sessions. The Index’s biggest component, grain trader and sunflower oil maker Kernel (KER PW +0.5%), finished the week at an 8.1% plunge. In London, the most actively traded Ukrainian stock, iron ore miner and pellet maker Ferrexpo (FXPO LN +1.7%), concluded the week at a 1.6% slide. Regal Petroleum (RPT LN) skyrocketed 25.5% on Friday, finishing the week at a mere 5.4% advance. Bank of Georgia (BGEO LN) jumped 5.0%, concluding the week at a 1.2% loss. JKX Oil & Gas (JKX LN -1.3%) has plummeted 26.5% in nine straight negative sessions. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks decreased 1.1%, or 2.3% in three straight losing sessions. Its biggest mover was Avdiyivka Coke (AVDK UK -3.8%), which has fallen 8.6% in four straight negative sessions.