Market comment

Обзоры рынка 28.05.2013 Investors were selling or bargain-hunting for Ukrainian equities at the Monday, May 27 trading session. The WIG Ukraine Index of Warsaw-traded stocks improved 0.5%, fueled by surging demand for farmer and food processor Agroton (AGT PW +7.8%). Traders found bargains in the shares of grain trader Kernel (KER PW +2.9%), which had lost 9.8% in the previous four sessions, and Milkiland (MLK PW +2.0%), which had plunged 13.7% in the prior six sessions. Coal Energy (CLE PW -5.8%) plunged deeper into its all-time low after reporting a net loss and falling revenue in 3QFY13. Its shares have fallen 16.2% over five straight losing sessions. Traders also dumped their shares of car battery maker WESTA (WES PW -5.7%). In Kyiv, the Ukrainian Exchange (UX) Index slid 0.1%, pulled down by Avdiivka Coke (AVDK UK -1.3%). The London Stock Exchange was closed for the Memorial Day holiday.