Market comment

Обзоры рынка 11.09.2013 Better-than-expected Chinese economic data gave Ukrainian equities a spike in demand in trading on Tuesday, September 10. The WIG Ukraine Index of Warsaw-traded stocks jumped 3.5%, led by farmer Agroton (AGT PW +11.6%), which has surged 16.3% in three straight positive sessions, and coal miner Sadovaya Group (SGR PW +10.6%), which has risen 15.0% in two sessions. Sugar producer Astarta (AST PW +5.5%) has surged 10.0% in two sessions, for the month reaching back into the black at a 4.2% gain. Coal Energy (CLE PW +5.4%) has gained 11.4% in two sessions. The Index’s most popular stock, grain trader Kernel (KER PW +2.5%), has increased 5.4% in three straight winning sessions. In London, iron ore miner Ferrexpo (FXPO LN +4.6%) has risen 9.1% in three straight positive sessions. Poultry producer MHP (MHPC LI) bounced 3.5% after a 4.5% drop in the prior session. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks advanced 1.6%, extending its win streak to three straight winning sessions at a 2.8% gain. Engine maker Motor Sich (MSICH UK +2.7%) has improved 8.0% in five straight positive sessions.