Market comment

Обзоры рынка 25.04.2013 Ukrainian equities drew brisk demand on the London market on Wednesday, April 24. Shares of poultry producer MHP (MHPC LI) jumped 6.8%, bringing a 7.4% profit for the month, while shares of mining firm Ferrexpo (FXPO LN +3.3%) are breaking even this month at a 0.8% gain. Bank of Georgia (BGEO LN +3.0%) is up 4.6% in two sessions, but down 3.9% for the month. In Warsaw, the WIG Ukraine Index slid 0.1%, dragged down by KSG Agro (KSG PW -4.3%), which plunged to its lowest price since its May 2011 IPO. Shares of sugar maker Astarta (AST PW -3.7%) are down 23.0% this month. Coal Energy (CLE PW) bounced 21.5% after hitting its lowest price since its August 2011 IPO. In Kyiv, the Ukrainian Exchange (UX) Index rose 0.7%, extending its advance to 3.8% in five straight positive sessions. Leading the gains were Unicredit’s Ukrsotsbank (USCB UK +2.1%) and Ukrnafta (UNAF +2.0%).