Market comment

Обзоры рынка 09.07.2013 Ukrainian farming equities extended their hot streak at the Monday, July 8 trading session. The WIG Ukraine Index of Warsaw-traded stocks advanced 1.5%, fueled by farmer Industrial Milk (IMC PW +5.7%), which has gained 11.6% this month. Sugar producer Astarta (AST PW +2.4%) has increased 4.2% in three straight positive sessions. Farmer and food processor Agroton (AGT PW +1.6%) has improved 9.2% in six straight gaining sessions. Grain trader Kernel (KER PW +1.1%) has gained 3.4% in five straight positive sessions. KSG Agro (KSG PW +0.3%) has risen 17.0% in eight straight advancing sessions. Warsaw investors dumped their mining shares, including Coal Energy (CLE PW -4.6%) and Sadovaya Group (SGR PW -4.3%), which has fallen 10.5% in two sessions. In London, traders dumped their shares of real estate developer DUPD (DUPD LN -6.3%). Bank of Georgia (BGEO LN +2.9%) has improved 7.2% in three straight rising sessions while Regal Petroleum (RPT LN +2.8%) has gained 10.6% in two sessions. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks fell 0.8%, weighed down by Raiffeisen Bank Aval (BAVL UK -3.0%).