OREANDA-NEWS. March 06, 2012. Concorde Capital released daily Ukrainian market view:

Ukrainian equities retreated on Monday, with both Poland’s WIG-Ukraine and the local UX indices tracking 1.1% lower. Globally, equity markets pulled back on news that China cut its growth forecast from 8.0% (where it had been for the last eight years) to 7.5% in 2012 and data showed the Markit composite purchasing managers’ index of business activity in the Eurozone contracted more than expected in February. In Warsaw, both consumer goods heavyweights, Kernel (KER PW) -1.4% and Astarta (AST PW) -2.8%, fell. In local trading, all stocks in the UX index basket were in the red. Kryukiv Wagon (KVBZ UK) was the worst performer, shedding 3.0% following news of a second fire at its plant in 10 days. In London, Ferrexpo (FXPO LN) dropped 6.1% and MHP (MHPC LI) declined 2.0%. A few Ukrainian names managed to advance though; two of the biggest gainers were LSE-listed JKX Oil & Gas (JKX LN) +6.4% and Avangard (AVGR LI) +4.8%.