Market Comment

Ukrainian stocks concluded the week with a mixed performance on Friday, August 26. The WIG Ukraine Index of Warsaw-traded stocks rose 2.6%, finishing the week at a 3.2% increase. The gains were led by sugar producer Astarta (AST PW), which advanced 4.6% on Friday and concluded the week at a 5.6% improvement. In London, iron ore miner and pellet maker Ferrexpo (FXPO LN) plunged 7.1%, finishing the week at an 11.9% drop. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks climbed 1.1%, concluding the week at a 0.6% loss.