Market comment

Обзоры рынка 12.09.2012 Ukraine’s UX index ran its winning streak to four sessions on Tuesday, as equities globally got a boost on expectations China and the US would enact further stimulus packages. The UX added 0.7% yesterday. The biggest gainers among blue chips were utilities Centrenergo (CEEN UK) and Donbasenergo (DOEN UK), both up +2.0%. In Warsaw, the WIG-Ukraine index declined 1.0%, with seven of its 11 index componenets in the red. The worst performer was KSG Agro (KSG PW), which put off 11.4%. Most Ukrainian equities trading in London also got roughed up, including Avangard (AVGR LI) -2.1%, Ferrexpo (FXPO LN) -2.0% and Cadogan Petroleum (CAD LN) -2.0%.