Market Comment

Ukrainian equities were up for the day on Thursday, Feb. 23, with the indices rising slightly in both Warsaw and Kyiv. London-listed Ukrainian equities were generally down. The WIG Ukraine Index of Warsaw-traded stocks rose 0.9% on Thursday. Farmer Industrial Milk (IMC PW) led the rise with a 9.1% jump, but most gains were minor. Farmer Agroton (AGT PW) fell the most with a 4.7% drop.  In London, most Ukrainian stocks fell. Iron ore miner and pellet maker Ferrexpo (FXPO LN) closed 3.9% lower on the day. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks was up 1.6% on Thursday, with power generator Donbasenergo (DOEN UK) leading the rise on a 3.0% gain.