OREANDA-NEWS. February 15, 2012. Concorde Capital released daily Ukrainian market view:
Poland’s WIG-Ukraine index retreated 0.8% on Tuesday, with all but one stock in the index closing down, as news flow out of Europe sank the early week momentum including the Moody’s downgrade of six Eurozone countries. The biggest decliners in Warsaw were KSG Agro (KSG PW) -3.3% and Agroton (AGT PW) -2.8%. Ukrainian names trading in London, meanwhile, headed in different directions, with MHP (MHPC LI) -1.5% and Ferrexpo (FXPO LN) -2.8% and Cadogan Petroleum (CAD LN) +4.0% and JKX Oil & Gas (JKX LN) -1.8%. The local UX index was flat yesterday with equities mixed. The day’s best performer was Stakhaniv Wagon (SVGZ UK) +3.2% on news its controlling shareholder was closing the acquisition of a key parts supplier in the CzechRepublic.