Market comment

Обзоры рынка 12.03.2015 Ukrainian equities snapped some losing streaks on Wednesday, March 11. In London, the most actively traded Ukrainian stock, iron ore miner Ferrexpo (FXPO LN), jumped 7.1% after plummeting 19.5% in six straight losing sessions. Egg producer Avangardco (AVGR LI) improved 3.6%. The WIG Ukraine Index of Warsaw-traded stocks rose 0.5%, snapping a four-session skid during which it lost 2.7%. It was boosted by sugar maker Astarta (AST PW), which increased 3.3%. Its biggest component, grain trader and sunflower oil maker Kernel (KER PW), declined 1.5%, or 3.6% in two sessions. Dairy firm Milkiland (MLK PW) plunged 7.9%, extending its cold streak to five sessions at a 20.0% drop. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks increased 0.5%, led by steel maker Azovstal (AZST UK +3.8%).