Market comment

Обзоры рынка 03.04.2015 Ukrainian equities were up for the second day running on Thursday, April 2 due in part to the breakthrough in the Iranian nuclear arms talks. The WIG Ukraine Index of Warsaw-traded stocks gained 1.7%, fueled by its two biggest components grain trader Kernel (KER PW +2.6%) and sugar maker Astarta (AST PW +2.2%). Continuing in its up trend, illiquid shares of coal miner Sadovaya Group (SGR PW) rose a whopping 38.1%. Also doing well on the day was distressed farmer Agroton (AGT PW +9.5%). In London, the most actively traded Ukrainian stock, iron ore miner Ferrexpo (FXPO LN) was up 2.4%. Regal Petroleum (RPT LN) led the downside plummeting 13.2%. Also doing poorly on the day were Avangardco (AVGR LI -5.1%) and MHP (MHPC LI -0.5%). The Ukrainian Exchange (UX) Index of Kyiv-traded stocks were up 1.2% led by oil and gas company Ukrnafta (UNAF UK +4.0%) and steel maker Azovstal (AZST UK +3.9%).