Market comment

Обзоры рынка 18.07.2013 Ukrainian equities didn’t much enjoy the same boost their European counterparts got from Federal Reserve Chairman Ben Bernanke’s comments on Wednesday, July 17. The WIG Ukraine Index of Warsaw-traded stocks decreased 0.1%, pulled down by KSG Agro (KSG PW -3.9%), which has fallen 11.0% in three straight losing sessions. Milkiland (MLK PW) fell 3.7%, having lost 7.5% this month. Outside the Index, Serinus Energy (SEN PW -2.9%) has dropped 22.5% this month. In London, Regal Petroleum (RPT LN -3.0%) has lost 9.1% in four straight decreasing sessions. Mining firm Ferrexpo (FXPO LN +2.0%) has risen 7.7% in three sessions. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks rose 0.3%, led by Raiffeisen Bank Aval (BAVL UK +1.7%). Traders snapped an eight-session win streak by Unicredit’s Ukrsotsbank (USCB UK -1.3%) in which the stock gained 11.2%.