Market comment

Обзоры рынка 13.08.2013 Oil stocks led the gains among Ukrainian equities in trading on Monday, August 12. The WIG Ukraine Index of Warsaw-traded stocks inched up 0.1%, led by the surging shares of farmer Agroton (AGT PW +10.3%), which have risen 25.2% in three sessions. Other advancers were sugar producer Astarta (AST PW +0.8%), which has improved 3.7% in five straight positive sessions, and Coal Energy (CLE PW +0.8%), which has gained 3.3% in three straight winning sessions. Beyond the index, oil driller Serinus Energy (SEN PW +2.1%) finally drew some interest amidst a sluggish month so far in which it has slid 3.1%. In London, Regal Petroleum (RPT LN +6.1%) has jumped 11.1% in two sessions, JKX Oil & Gas (JKX LN) improved 2.7% and Cadogan Petroleum (CAD LNa) rose 2.0%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks increased 0.5%, led by electricity producer Donbasenergo (DOEN UK +0.9%). Beyond the UX Index, Ukrtelecom (UTLM UK) was the main newsmaker locally as its shares fell 21.9% intraday, which forced the exchange to temporarily suspend its trading. After the resumption of trading, the stock corrected upwards and closed the day at just a 4.9% loss, according to the UX.