Market comment

Обзоры рынка 09.06.2015 Ukrainian equities were across the board on Monday, June 8. The WIG Ukraine Index of Warsaw-traded stocks decreased 0.1%, pulled down by its biggest components, grain trader Kernel (KER PW -0.3%) and sugar maker Astarta (AST PW -0.9%). In London, the most actively traded Ukrainian stock, iron ore miner Ferrexpo (FXPO LN), fell 2.9%. Natural gas E&P Regal Petroleum (RPT LN) jumped 14.4%, though another gas E&P Serinus Energy (SEN PW), which is traded in Warsaw, dropped 2.1%. Egg producer Avangardco (AVGR LI) jumped 5.9% from its all-time low on bottom-fishing. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks improved 1.8%, led by Yenakiyeve Steel (ENMZ UK +7.9%). Ukrainian sovereign Eurobonds (UKRAIN) extended their momentum into trading on June 8 after Friday’s news that bondholders are reluctant to take the government’s position on restructuring. The biggest gainers were bonds maturing in July 2017, September 2020 and April 2023, which gained