Market comment

Обзоры рынка 15.02.2013 Ukrainian equities took a hit from weaker-than-expected euro-zone GDP data on Thursday, Feb. 14. The Ukrainian Exchange (UX) Index decreased 1.2%, or 3.6% in the last three sessions, weighed down by Ukrsotsbank (USCB UK -2.3%) and Raiffeisen Bank Aval (BAVL UK -2.1%), which has dropped 4.7% in three losing sessions. In Warsaw, the WIG-Ukraine Index fell 0.3% on sliding demand for agricultural stocks. The biggest decliners were KSG Agro (KSG PW -2.7%), egg producer Ovostar (OVO PW -2.5%) and Agroton (AGT PW -2.4%). Kulczyk Oil (KOV PW +1.4%) has gained 8.1% in five straight winning sessions with investors encouraged by the company’s drilling prospects in Brunei. Another shining stock is mining firm Ferrexpo (FXPO LN +0.8%), which has advanced 9.6% in five straight winning sessions.