Market comment

Обзоры рынка 22.01.2013 Ukrainian equities got a boost in Jan. 21 trading on U.S. government plans to raise the debt ceiling, coupled with a positive economic outlook offered by the German Bundesbank. The Ukrainian Exchange (UX) Index rose 0.9%, led by GenCos Donbasenergo (DOEN UK +1.7%) and Centerenergo (CEEN UK +1.5%). In Warsaw, the WIG-Ukraine Index jumped 3.5%, powered by a demand surge for shares of grain trader Kernel (KER PW +6.5%) – after it reported an encouraging trading update – and sugar producer Astarta (AST PW +3.6%). In London, shares of poultry producer MHP (MHPC LI) surged 7.5% to their highest price in more than a year. Regal Petroleum (RPT LN +2.1%) has risen 16.1% in five straight advancing sessions. On the flip side, Cadogan Petroleum (CAD LN) fell 3.7% to its lowest price in more than three years.