Market comment

Обзоры рынка 15.04.2013 Ukrainian equities concluded the week on the downside in the Friday, April 12 trading session. The WIG Ukraine Index declined 1.8% as investors sent Agroton (AGT PW) crashing 55.8% to its lowest price since its November 2010 IPO. Standard & Poor’s downgraded the farming and food-producing firm’s credit rating, triggering the selloff. Another big loser was Coal Energy (CLE PW –11.3%), which sunk to its lowest price since its August 2011 IPO. KSG Agro (KSG PW) slid 4.4%, but is otherwise up 5.9% this year. In London, traders dumped their shares of mining firm Ferrexpo (FXPO LN -5.9%), which are down 27.6% this year. Shares of DUPD (DUPD LN +6.7%) behaved erratically last week, but are otherwise up 24.5% this year. Regal Petroleum (RPT -3.3%) has fallen 33.6% this year, while Bank of Georgia (BGEO LN +3.2%) continued setting new records, surging 59.7% this year. In Kyiv, the Ukrainian Exchange Index inched up 0.2%, led by shares of oil producer Ukrnafta (UNAF UK +1.3%), which bounced off their lowest price in nearly four years.