Market comment

Обзоры рынка 06.03.2013 A record high on the U.S. exchange and four-year peaks in Europe didn’t help Ukrainian equities at the Tuesday, March 5 trading session as the Ukrainian Exchange (UX) Index slid 0.2%, weighed down by Ukrnafta (UNAF UK -1.5%). In Warsaw, the WIG-Ukraine Index slid 0.1% as traders continued to dump their shares of Kernel (KER PW -0.3%), which have lost 11.8% in eight straight declining sessions. Sugar producer Astarta (AST PW -0.9%) has fallen 10.3% in four straight negative sessions. On the upside, investors went bottom-fishing for KSG Agro shares (KSG PW +3.3%) after they dropped 11.1% in three sessions. The biggest exceptions to the day’s trend were in London, where shares of poultry producer MHP surged 5.3% after the company announced it will pay dividends. Ferrexpo (FXPO LN) jumped 5.5% after a three-session sell-off stripped 15.3% of its value. On the downside, Regal Petroleum (RPT LN) plunged 4.4% after reporting a disappointing test at its most promising well.