Market comment

Обзоры рынка 01.07.2013 Ukrainian equities wrapped up a declining month with a mixed performance in trading on Friday, June 28. The WIG Ukraine Index of Warsaw-traded stocks improved 0.6%, though it finished June at a 5.4% plunge. Its most actively traded stock, grain trader and sunflower oil producer Kernel (KER PW), gained 3.0% but concluded June at a 16.4% loss. Coal Energy (CLE PW -8.8%) has fallen 20.0% in three sessions, finishing the month at a 24.2% decline. Farmer and food producer Agroton (AGT PW -2.4%) has lost 7.0% in four straight decreasing sessions, concluding the month at a 16.4% drop. In London, shares of egg producer Avangard (AVGR LI -2.6%) fell 9.1% for the month while miner Ferrexpo (FXPO LN) slid 2.2% to its lowest price in nearly four years, concluding June at a 21.7% plunge. The Ukrainian Exchange (UX) was closed on Friday for a state holiday. The UX Index broke even for the month of June.