Market comment

Обзоры рынка 06.08.2012 With no material macro or company-specific news released in the local market on Friday, Ukrainian stocks tried to catch the global sentiment. Better-than-expected US jobs report provided the guidance and both WIG-Ukraine and UX indexes closed in the green (+1.7% and 0.5%, respectively). WIG-Ukraine was led by Kernel, whose share price added 3.2% after the its harvesting progress update showed the company’s crop yields won’t see drastic declines this year. In the local market, all shares closed in the +/-1% range, except for Ukrsotsbank and Avdiivka Coke which posted bigger gains of 1.6% and 2.6%, respectively.