Market Comment

Ukrainian stocks were across the board on Monday, Aug. 29. The WIG Ukraine Index of Warsaw-traded stocks decreased 0.4%, weighed down by sunflower oil producer Kernel (KER PW, -1.3%). Farming stocks were on the rise however, led by Agroton (AGT PW, +10.6%), KSG Agro (KSG PW, +6.3%) and Milkiland (MLK PW, +4.6%). The Ukrainian Exchange (UX) Index of Kyiv-traded stocks rose 1.0%, or 2.1% in two sessions. The gains were led by power generator Centrenergo (CEEN UK), which improved 3.4%, or 4.9% in three straight positive sessions. The London Stock Exchange was closed for the Summer Bank Holiday.