Market Comment

Ukrainian stocks extended their post-Brexit rally for a third session on Wednesday, June 29. The WIG Ukraine Index of Warsaw-traded stocks rose 0.9%, extending its win streak to three sessions at a 2.8% increase. The gains were led by sugar maker Astarta (AST PW), which improved 2.4%, or 3.8% in three sessions. In London, iron ore miner and pellet maker Ferrexpo (FXPO LN) advanced 4.1%, extending its win streak to three sessions at a 6.8% improvement. Egg producer Avangardco (AVGR LI) plunged 7.4% after rising 5.6% in the previous session. The Ukrainian Exchange Index of Kyiv-traded stocks was unchanged.