Market Comment
Most of traded Ukrainian equities fell on Friday, Jan. 21. The WIG Ukraine Index of Warsaw-traded stocks lost 1.2%. The WIGUKR Index is now down 11.8% in six consecutive trading days. Dairy producer Milkiland (MLK PW) bucked the trend with a 6.2% gain, and sugar producer Astarta (AST PW) halted its seven-session slide with a 3.6% rise. However, dairy producer IMC (IMC PW) led the losses with a 5.0% drop. IMC is now down 19.3% in seven consecutive trading sessions. In London, iron ore miner and pellet maker Ferrexpo (FXPO LN) lost 3.4%.
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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 | 1,545.01 |
11.21 |
0.73% |
||
| WIG Ukraine | 498.12 |
-4.73 |
-0.94% |
||
| USD/UAH | 26.22 |
-0.01 |
-0.04% |