Market comment

Обзоры рынка 23.04.2015 There were some positive results for Ukrainian equities on Thursday, April 22. The WIG Ukraine Index of Warsaw-traded stocks gained 2.2%. Grain trader Kernel (KER PW) inched up 0.2%. Ovostar Union (OVO PW) rose 4.9%. Also doing well on the day were KSG Argo (KSG PW +3.6%) and Coal Energy (CLE PW +3.3%). Outside the Index, natural gas E&P Serinus Energy (SEN PW) slipped 1.3%. In London, the most actively traded Ukrainian stock, iron ore miner Ferrexpo (FXPO LN) gained 1.1%. Poultry giant MHP (MHPC LI) was up 1.8%, while egg giant Avangardco (AVGR LI) fell 2.2% on the day. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks rose 1.3% fueled by Alchevsk Iron & Steel (ALMK UK +4.6%) and Azovstal (AZST UK +3.8%). Oil and gas company Ukrnafta (UNAF UK) had a not so good day falling 3.2%, while Raiffeisen Bank Aval (BAVL UK) slipped 0.5%.