Market comment

Обзоры рынка 26.06.2013 Investors spent the Tuesday, June 25 bottom-fishing for Ukrainian equities, many of which are at their lowest prices in many years. The WIG Ukraine Index of Warsaw-traded stocks slipped 0.1%, dragged down by farmer Industrial Milk (IMC PW -2.8%), which is otherwise up 11.0% for the month. Shares of dairy producer Milkiland (MLK PW) surged 5.4%, making its June gain 14.1% so far. Grain trader Kernel (KER PW +0.3%) has bounced 4.3% in two sessions since hitting its lowest price in more than three years on June 21. In London, traders dumped their shares of Regal Petroleum (RPT LN -7.1%), which are down 19.1% in June. Mining firm Ferrexpo (FXPO LN) bounced 4.1% after reaching its lowest price in nearly four years. JKX Oil & Gas (JKX LN +3.6%) is drawing interest, rising 18.6% in three straight winning sessions with its prices at their lowest level in nine-and-a-half years. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks rose 0.4%, led by Unicredit’s Ukrsotsbank (USCB UK +2.7%).