Market comment

Обзоры рынка 28.07.2015 Ukrainian stocks joined the global equity selloff on Monday, July 27. The WIG Ukraine Index of Warsaw-traded stocks slid 4.3%, or 5.9% in two sessions. Its biggest component, grain trader and sunflower oil producer Kernel (KER PW), fell 4.9%, or 5.7% in two sessions. Its second-biggest component, sugar producer Astarta (AST PW), dropped 4.3%, or 9.2% in two sessions. Immune to the selloff was natural gas E&P Serinus Energy (SEN PW), which jumped 4.8%, or 6.7% in three straight positive sessions. In London, the most actively traded Ukrainian stock, iron ore miner and pellet maker Ferrexpo (FXPO LN), rose 3.6%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks declined 2.5%, weighed down by Avdiyivka Coke (AVDK UK), which plunged 13.2%, or 15.0% in two sessions.