Market comment

Обзоры рынка 26.07.2012 Ukrainian equities stretched their strong of positive sessions to two on Wednesday, backed by global expectations of further central bank stimulus action and better-than-expected earnings reports. The local UX index climbed 0.5% as seven of 10 blue chips moved higher, led by Avdiivka Coke (AVDK UK) +2.7% and Donbasenergo (DOEN UK) +1.9%. Warsaw’s WIG-Ukraine index rose 0.3%. Five of that index’s ten components closed up, led by Milkiland (MLK PW) +2.8% and KSG Agro (KSG PW) +2.5%. Ukrainian stocks trading in London were mixed: MHP (MHPC LI) was on top among the gainers, adding 1.0% while JKX Oil & Gas (JKX LN) led the decliners, falling 2.5%.