Market comment

Обзоры рынка 08.07.2013 Ukrainian equities rode the momentum of the upbeat U.S. jobs report at the Friday, July 5 trading session. The WIG Ukraine Index of Warsaw-traded stocks rose 0.8%, led by Coal Energy (CLE PW +2.0%), which bounced off its lowest price since its August 2011 IPO. Grain trader Kernel (KER PW +1.7%) has risen 2.3% in four straight positive sessions. Farmer and food producer Agroton (AGT PW +0.4%) has gained 7.5% in five straight advancing sessions. KSG Agro (KSG PW +0.2%) has improved 16.6% in seven straight rising sessions. Beyond the index, traders cashed in on their gains from Serinus Energy (SEN PW -5.5%) a day after the company relaunched its shares for trading following a 13-session hiatus to absorb Kulczyk Oil. In London, Regal Petroleum (RPT LN +7.6%) continued to bounce erratically after reporting on July 1 disappointing gas flows at its new wells. Its shares have slipped a net of only 1.4% since then. Bank of Georgia (BGEO LN +2.0%) has gained 4.2% in two sessions. Traders shed their shares of JKX Oil & Gas (JKX LN -3.6%). The Ukrainian Exchange (UX) Index of Kyiv-traded shares inched up 0.2%, led by Centrenergo (CEEN UK +2.1%).