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Friday, March 15, 2013

Warsaw Market & Carbon Watch - Friday 15 March

Happy "Ides of March" from Kiev!  Here is the Ukrainian stock performance summary on the Warsaw Stock Exchange (WSE), based on the prior trading day's closing bell.  The WSE closed up (+0.72%), in line with bullish European markets (FTSE +0.74%, STOXX +1.48%, CAC +0.93%, DAX +1.10%, IBEX +1.88%) and U.S. markets (DOW +0.58%, S&P +0.56%, NASDAQ +0.43%).  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, their index tracked the main Warsaw equities index, closing up (+0.45%) with gains in Agroton, KSG Agro, Coal Energy and IMC driving the movement.  From a market depth standpoint, the highest trading volumes occurred in Agroton (352,058 shares), Westa (198,893 shares), Kernel (140,189 shares) and Sadovaya (74,944 shares).

For specific results kindly see the table below, prices denoted in Polish currency (Zlotys).  Cheers – Jon

WSE WIG Index (total return index for Warsaw Stock Exchange listed companies): 47223.68 (+0.72%)
WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  652.77 (+0.45%) 

Ovostar Union NV (OVO PW):  100.00 (-0.99%)
Kernel Holding SA (KER PW):  61.80 (-0.32%)
Agroton Public Limited (AGT PW):  11.19 (+19.68%)
Astarta Holding NV (AST PW):  59.50 (-0.32%)
Industrial Milk Co (IMC PW):  15.80 (+0.64%)
KSG Agro SA (KSG PW):  12.64 (+4.72%)
Milkiland (MLK PW):  15.19 (unch%)
KDM Shipping Plc (KDM PW):  32.50 (unch%)
Coal Energy SA (CLE PW): 10.08 (+0.80%)
Sadovaya Group SA (SGR PW):  2.00 (unch%)
Westa Intl Scientific Group (WES PW):  0.75 (-2.60%)

Carbon Trading

The ICE daily CER continued to trade as a political option with notional pricing, gaining 1 Eurocent after previously losing 5 Eurocents upon news that Ukraine issued 31.5 million carbon credits last week.  It finished the day at 0.17 EURO (+6.25%).  The rest of the market remains beneath this price and ERUs are trading around 33% of this price.