People Following Jon M Queen's Blog

My Latest Tweet @ Twitter.com

Thursday, November 11, 2010

Daily Market Brief

Market Comment

Ukrainian equity markets swung between gains and losses on Wednesday (Nov. 10). The UX exchange opened lower but rebounded closer to the end of the session to finish 0.03% higher. Trading volume was relatively high at UAH 130 mln. Ukrnafta (UNAF) and Zakhidenergo (ZAEN) were among the best performers soaring 2.82% and 2.68% respectively. Other gainers included Motor Sich (MSICH +0.35%), Ukrsotsbank (USCB +1.92%) and Ukrtelecom (UTLM +0.06%). Metals and mining stocks lost in price: ALMK -1.67%, AVDK -1.70%, AZST -0.93%, ENMZ -0.98%, YASk -0.56%. Reiffeisen Bank Aval (BAVL -1.22%) and Centrenergo (CEEN -1.61%) also came under pressure.

Among Ukrainian stocks traded on international markets, oil and gas names posted solid gains: CAD LN +2.5%, JKX LN +2.04%, RPT LN +3.51%. As for other London-listed shares, Ferrexpo (FXPO LN) plunged 3.77%, while MHP (MHPC LI) eked out a small gain of 0.81%. In Warsaw Astarta (AST PW -0.06%) and Agroton (AGT PW -0.98%) edged lower, while Kernel (KER PW +3.35%) pared the previous day’s losses.


Fixed Income: Ferrexpo shelves Eurobond placement

No comments:

Post a Comment

Carbon Trading Videos

Loading...