Market comment

Обзоры рынка 07.02.2013 Investors in Ukrainian equities were taking their profit in the Feb. 8 trading session. The Ukrainian Exchange (UX) Index fell 1.2% as traders cashed in on Ukrnafta (UNAF UK -16.1%) after its price more than doubled over three sessions. Avdiivka Coke (AVDK UK) jumped 3.9%. Unicredit’s Ukrsotsbank (USCB UK +0.4%) has improved 18.2% in four straight gaining sessions. In Warsaw, the WIG-Ukraine Index slid 0.9%, fueled by European concerns about Silvio Berlusconi’s return to politics. Grain trader Kernel (KER PW -2.0%) has dropped 7.2% in four straight losing sessions. Shares of egg producer Ovostar (OVO PW), dairy producer Milkiland (MLK PW) and mining firm Sadovaya (SGR PW) each dropped 2.2% in value. In London, Bank of Georgia (BGEO LN +1.7%) soared further in its all-time high, gaining 10.6% in five straight winning sessions. Poultry producer MHP (MHPC LI +1.1%) reached its highest price in more than a year, advancing 8.8% in four straight winning sessions.