Market comment

Обзоры рынка 28.08.2013 Ukrainian equities fell in line with the global markets in losing value on Tuesday, August 27 owing to concerns of a U.S. invasion of Syria. The WIG Ukraine Index of Warsaw-traded stocks fell 1.6%, pulled down by the usually erratic Coal Energy (CLE PW -5.4%); car battery maker WESTA (WES PW -3.3%); farmer Agroton (AGT -3.0%), which has lost 6.3% in two sessions; miner Sadovaya (SGR PW -2.8%) and grain trader Kernel (KER PW -2.7%). Ukrainian stocks were hit particularly hard in London. JKX Oil & Gas (JKX LN) dropped 4.0%, followed by iron ore miner Ferrexpo (FXPO LN -2.7%) and poultry producer MHP (MHPC LI -2.1%), which has plunged 12.2% in eight straight losing sessions. Bank of Georgia (BGEO LN) plunged 4.8%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks slid 1.9%, weighed down by electricity producer Donbasenergo (DOEN UK -5.3%).