Market Comment

Ukrainian stocks were in fierce demand in Warsaw on Wednesday, July 27. The WIG Ukraine Index rose 2.3%, led by sunflower oil producer Kernel (KER PW +3.4%). Farmer Agroton (AGT PW) surged 25.0%, or 40.8% in three straight positive sessions, to its highest price since November 2014. Dairy producer Milkiland (MLK PW) surged 21.5%, or 25.7% in two sessions, to its highest price since November 2015. In London, iron ore miner and pellet maker Ferrexpo (FXPO LN) slid 0.6%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks increased 0.3%, led by oil producer Ukrnafta (UNAF UK, +2.7%).