Market Comment

Ukrainian equities were mixed for the day on Tuesday, Feb. 21, with the index falling in Warsaw and rising in Kyiv. Most London-listed Ukrainian equities were up for the day. The WIG Ukraine Index of Warsaw-traded stocks dropped 0.2% on Tuesday. Agri sector stocks were mixed, with KSG Agro (KSG PW) leading the decline with a 3.6% drop. In London, the big gainer for the day was egg producer Avangardco (AVGR LI), which jumped 20.7% on its second day of large gains, but traditionally on low volumes. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks rose 0.4% on Monday, with no major movements on any index component.