Market comment

Обзоры рынка 29.05.2013 Strong U.S. economic data fueled strong demand for Ukrainian equities as well at the Tuesday, May 28 trading session. The WIG Ukraine Index of Warsaw-traded stocks rose 1.2%, led by farmers Industrial Milk (IMC PW +3.6%) and Kernel (KER PW +2.1%), which has gained 5.0% in two sessions. Nevertheless, several stocks remained on the downswing. Coal Energy (CLE PW -7.6%) has fallen 22.6% in six sessions, reporting lost revenue and a net loss in its latest quarter. Car battery marker WESTA (WES PW) plunged 15.2% while KSG Agro (KSG PW -0.6%) extended its losses to 6.1% over six straight declining sessions. In London, all Ukrainian stocks rode the positive sentiment from across the pond, led by JKX Oil & Gas (JKX LN +4.9%) and Regal Petroleum (RPT LN +3.4%). In Kyiv, the Ukrainian Exchange (UX) Index jumped 2.4%, led by GenCo Centrenergo (CEEN UK +5.4%).