Market comment

Обзоры рынка 27.07.2015 Investors bought up distressed Ukrainian farming stocks on Friday, July 24. The WIG Ukraine Index of Warsaw-traded stocks slid 1.7%, finishing the week at a 7.0% advance. It was dragged down by sugar producer Astarta (AST PW -4.1%), which concluded the week at a 4.2% increase. The farming stocks drawing sudden demand were: KSG Agro (KSG PW), which gained 36.0%, or 70.0% in three sessions; dairy producer Milkiland (MLK PW), which advanced 21.3%, or 26.9% in two sessions; and Agroton (AGT PW), which jumped 12.0%, or 33.3% in three sessions. In London, iron ore miner and pellet maker Ferrexpo (FXPO LN) was unchanged, finishing the week at a 3.9% loss. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks inched up 0.6%, concluding the week at a 0.2% rise.