Market Comment
Ukrainian equities concluded the week on the upside on Friday, Nov. 27. The WIG Ukraine Index of Warsaw-traded stocks rose 0.8%, concluding the week at a 5.4% gain. It was led by sugar producer Astarta (AST PW), which improved 0.8% and finished the week at a 1.2% loss. The index’s biggest component, sunflower oil producer Kernel (KER PW), climbed 0.6% and concluded the week at an 11.1% surge. In London, iron ore miner and pellet maker Ferrexpo (FXPO LN) gained 2.1%, finishing the week at a 6.7% improvement. JKX Oil & Gas (JKX LN) surged 20.0%, concluding the week at a 14.8% advance. Enwell Energy (ENW LN) climbed 4.5%, finishing the week at a 0.7% loss.
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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 average monthly nominal wage amounted to USD 430...
The comments offered by Tatarov confirm there is an active lobby opposing anti-corruption efforts...
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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% |