Market comment

Обзоры рынка 16.07.2013 Ukrainian equities joined their European counterparts in surfing a positive wave from Chinese GDP growth data on Monday, July 15. The WIG Ukraine Index inched up 0.2%, led by miner Sadovaya Group (SGR PW +4.0%) and sugar producer Astarta (AST PW +2.2%). Farmer and food producer Agroton (AGT PW +2.0%) has risen 5.5% in two sessions and farmer Industrial Milk (IMC PW +0.7%) has gained 4.8% in four straight positive sessions. In London, miner Ferrexpo (FXPO LN) increased 1.2% while Regal Petroleum (RPT LN) slid 2.8%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks fell 1.2% as investors dealt Donbasenergo (DOEN UK -4.9%) a correction after its 13.6% surge in the prior session. Unicredit’s Ukrsotsbank (USCB UK +1.0%) has steadily advanced 8.7% in seven straight positive sessions.