Market comment

Обзоры рынка 22.04.2013 A rotten week concluded with a Warsaw massacre of Ukrainian equities at the Friday, April 19 session. Investors purged the WIG Ukraine Index 5.9%, finishing the week having crashed 19.0% to its all-time low since its launch in January 2011. Shares of farmer and food-producer Agroton (AGT PW -21.7%) continued on their roller coaster ride, finishing the week at a 25.0% loss. Another roller coaster stock, Sadovaya (SGR PW -10.4%), concluded the week at a 11.2% drop. Traders sold off their shares of grain trader and sunflower oil giant Kernel (KER PW -7.7%), which plunged 17.2% last week to their lowest price in more than three years. Shares of sugar maker Astarta (AST PW -7.4%) plummeted 26.5% during the week to their lowest price in more than 16 months. In London, shares of mining firm Ferrexpo (FXPO LN) bounced 3.3%, concluding the week at an 8.4% drop. Shares of egg producer Avangard (AVGR LI +1.8%) have risen 6.6% in four straight winning sessions. In Kyiv, the Ukrainian Exchange (UX) Index improved 1.9%, finishing the week at a 0.5% loss. Shares of oil producer Ukrnafta (UNAF UK +4.7%) gained 9.8% in three straight advancing sessions.