Market comment

Обзоры рынка 21.01.2013 Ukrainian equities capped off a losing week on the upswing at the Friday, Jan. 18 session. The Ukrainian Exchange (UX) Index rose 0.9% but was down 4.6% for the week. The biggest gainers were Avdiivka Coke (AVDK UK +3.5%), which lost 2.2% during the week, and engine maker Motor Sich (MSICH UK +2.4), which lost 3.0% during the week. Urknafta (UNAF UK +1.4%) bounced off its lowest price in more than three years. In Warsaw, the WIG-Ukraine Index notched a 0.5% gain on Friday, closing the week down 0.5%. The biggest advancers were shares of egg producer Ovostar (OVO PW +2.5%), which were up 2.3% for the week, and dairy producer Milkiland (MLK PW +1.6%), which were up +0.3% for the week. Food producer Agroton (AGT PW -2.6%) fell 4.9% in four straight declining sessions. In London, shares of mining company Ferrexpo (FXPO LN +2.0%) lost 4.8% during the week. Regal Petroleum (RPT LN +2.2%) advanced 11.5% in four straight winning sessions. Cadogan Petroleum (CAD LN) dropped 1.8% to its lowest price in more than two years.