Market comment

Обзоры рынка 25.04.2016 Investors prepared for the weekend by cashing in on their Ukrainian stocks traded in Europe on Friday, April 22. The WIG Ukraine Index of Warsaw-traded stocks slid 0.1%, finishing the week at a 2.7% gain. Its biggest component, sugar maker Astarta (AST PW), decreased 0.9%, concluding the week at a 5.7% improvement. In London, iron ore miner and pellet maker Ferrexpo (FXPO LN) dropped 5.2%, finishing the week at a 14.2% advance. In a case of bottom-fishing, traders snapped up Regal Petroleum (RPT LN), which jumped 18.9% after plummeting 17.6%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks rose 1.5%, concluding the week at a 1.1% gain. In another case of bottom-fishing, investors scooped up Avdiyivka Coke (AVDK UK, +11.6%), which finished the week at an 11.5% loss. Ukrainian currency continued strengthening gradually on Friday for the sixth session in row, to finish the week 0.5% higher at UAH 35.34/USD.