Market Comment
Ukrainian equities were mixed on Tuesday, Mar. 19. The WIG Ukraine Index of Warsaw-traded stocks slid 0.5%, weighed down by sugar producer Astarta (AST PW, -3.8%). In London, iron ore miner and pellet maker Ferrexpo (FXPO LN) dropped 4.0% on delay of results publication. Despite such overall weakness, natural gas E&Ps were in strong demand. The volatile shares of Regal Petroleum (RPT LN) surged 13.9%, or 31.2% in three sessions. JKX Oil & Gas (JKX LN) advanced 4.4%, or 11.2% in two sessions.
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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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Market data
| UX | 1,706.74 |
6.05 |
0.36% |
||
| WIG Ukraine | 498.12 |
-4.73 |
-0.94% |
||
| USD/UAH | 26.22 |
-0.01 |
-0.04% |