Market Comment
Ukrainian equities extended losses in Warsaw and gains in London on Thursday, May 16. The WIG Ukraine Index declined 0.8%, or 1.7% in two sessions. It was pulled down by sugar producer Astarta (AST PW), which fell 1.7%, or 2.5% in two sessions. In London, iron ore miner and pellet maker Ferrexpo (FXPO LN) improved 2.7%, or 7.8% in three sessions.
Recent Reports
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Corporate Governance
Concorde Capital presents its second survey of information openness and invertor friendliness of webises of Ukrainian securities issuers «IR-Online in Ukraine – 2013». Despite the attitude of the global investment community to Ukraine have worsened noticeably, Ukrainain companies improved, on average, their IR practices. The upholding of quality standards by Ukrainian companies leaves the chance that our securities markets sooner or later will recover.
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The key outstanding issue for the review of the IMF’s program is readopting a law on illicit enrichment ...
Therefore, the Cabinet and parliament will work until a new government is formed after the October elections...
Razumkov criticized the decision, arguing it was a backhanded slap to hold the inauguration on Monday...
Any new government needs to work on improving the Ukrainian market’s liberalization, privatization ...
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Market data
| UX | 1,710.85 |
4.63 |
0.27% |
||
| WIG Ukraine | 498.12 |
-4.73 |
-0.94% |
||
| USD/UAH | 26.22 |
-0.01 |
-0.04% |