Market comment

Обзоры рынка 30.01.2013 Ukrainian stocks kept hot on the Kyiv exchange and remained lukewarm in trading abroad on Tuesday, Jan. 29. The Ukrainian Exchange (UX) Index rose 2.9%, gaining 7.9% in three straight winning sessions. Raiffeisen Bank Aval (BAVL UK) jumped 4.7% and has surged 20% in five straight winning sessions. Ukrsotsbank (USCB UK +4.0%) has gained 8.3% in three straight winning sessions, bouncing off a near all-time low. Shares of power generator Donbasenergo (DOEN UK +3.9%) have advanced 9.6% in three straight gaining sessions. In Warsaw, the WIG-Ukraine Index slid 0.4%, dragged down by shares of egg producer Ovostar (OVO PW-4.9%) and crop farmer Industrial Milk (IMC PW -2.1%). In London, traders sent shares of Cadogan Petroleum (CAD LN) plunging 5.6%. JKX Oil & Gas (JKX LN -3.5%) has lost 19.7% of its value in four straight losing sessions, approaching its lowest price in nearly nine years.