Market comment

Обзоры рынка 25.02.2013 Ukrainian equities on the European exchanges didn’t benefit on Friday, Feb. 22 from Europe’s benchmark stock index posting its first weekly gain in four weeks. The WIG-Ukraine Index slid 0.6%, finishing the week at a 1.2% drop. Shares of car battery producer WESTA (WES PW -4.8%) have lost 13.2% in five straight declining sessions. KSG Agro (KSG PW -3.2%) has fallen 7.8% in four straight losing sessions. The stock is down 13.4% for the month. In London, shares of mining firm Ferrexpo (FXPO LN -4.0%) have plunged 15.9% in three straight losing sessions after withdrawing it planned Eurobond sale. In Kyiv, the Ukrainian Exchange (UX) Index inched up 0.1%, finishing the week at a 3.9% gain. The Index is up 5.8% for the month. Ukrsotsbank (USCB UK -1.3%) has lost 5.0% in two profit-taking sessions, still gaining 2.6% for the week. Raiffeisen Bank Aval (BAVL UK +1.2%) improved 9.2% for the week.