Market comment

Обзоры рынка 31.05.2013 Ukrainian equities in London spent Thursday, May 30 recouping prior losses. JKX Oil & Gas (JKX LN) gained 6.2% after falling 4.2% the prior day. Shares of mining firm Ferrexpo (FXPO LN) rose 2.1% after losing 2.3% the prior day. Cadogan Petroleum (CAD LN) improved 3.4%. In Kyiv, the Ukrainian Exchange (UX) Index inched up 0.3%, led by Centrenergo (CEEN UK +1.7%). The Warsaw Stock Exchange was closed for Corpus Christi Day. When it opens today, we expect selling of Kernel stock after it released disappointing quarterly earnings today.