Warsaw Market & Carbon Watch - Thursday 1 November

Greetings from Kiev!  Here is this morning’s Ukrainian stock performance summary, from the Warsaw Stock Exchange, based on the prior trading day's closing bell.  As a whole, the Warsaw Stock Exchange closed flat on the day (-0.02%), in line with the European markets (FTSE -1.15%, STOXX -0.49%, CAC -0.87%, DAX -0.33%, IBEX +0.11%) and the U.S. markets (DOW -0.08%, S&P +0.02%, NASDAQ -0.36%).  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, they slightly outperformed the main Warsaw equities index, closing up (+0.67%) for the day with gains in IMC, Kernel, Astarta, Agroton and Milkiland driving the movement.  From a market depth standpoint, the highest trading volumes occurred in Westa International Scientific Group (316,255 shares), Kernel (80,246 shares) and Sadovaya Group (56,404 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): 43232.44 (-0.02%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  702.14 (+0.67%) 

Ovostar Union NV (OVO PW):  96.00 (-0.83%)

Kernel Holding SA (KER PW):  66.80 (+1.21%)

Agroton Public Limited (AGT PW):  11.00 (+1.10%)

Astarta Holding NV (AST PW):  64.00 (+1.11)

Industrial Milk Co (IMC PW):  16.70 (+1.64%)

KSG Agro SA (KSG PW):  12.59 (-0.87%)

Milkiland (MLK PW):  16.61 (+0.06%)

KDM Shipping Plc (KDM PW):  27.30 (unch)

Coal Energy SA (CLE PW): 14.19 (-2.07%)

Sadovaya Group SA (SGR PW):  2.72 (-1.09%)

Westa Intl Scientific Group (WES PW):  1.07 (-1.83%)

Carbon Trading

ICE daily CER price consolidated further to 1.21 EURO (+13.08%).  The market is long, gains are due to traders rolling their options, and it will take a joint political decision by the EU Member States and/or Kyoto countries in Doha to save carbon credits from repeating their downward trend this year.

Warsaw Market & Carbon Watch - Wednesday 31 October

Greetings from Kiev!  Here is this morning’s Ukrainian stock performance summary, from the Warsaw Stock Exchange, based on the prior trading day's closing bell.  As a whole, the Warsaw Stock Exchange closed up on the day (+0.15%), in line with the European markets (FTSE +0.95%, STOXX +1.50%, CAC +1.48%, DAX +1.13%, IBEX +1.36%) and the U.S. markets were closed for a second day due to severe weather.  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, they slightly underperformed the main Warsaw equities index, closing slightly down (-0.17%) for the day with gains in Industrial Milk Co., Sadovaya, Astarta, Ovostar and KDM Shipping not quite overcoming red and white screens across the rest of the index's weighted names.  From a market depth standpoint, the highest trading volumes occurred in Sadovaya Group (101,149 shares), Kernel (95,186 shares) and Westa International Scientific Group (46,106 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): 43240.07 (+0.15%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  697.44 (-0.17%) 

Ovostar Union NV (OVO PW):  96.80 (+0.41%)

Kernel Holding SA (KER PW):  66.00 (-2.37%)

Agroton Public Limited (AGT PW):  10.88 (-2.77%)

Astarta Holding NV (AST PW):  63.30 (+2.10%)

Industrial Milk Co (IMC PW):  16.43 (+7.74%)

KSG Agro SA (KSG PW):  12.70 (-1.70%)

Milkiland (MLK PW):  16.60 (-1.95%)

KDM Shipping Plc (KDM PW):  27.30 (+0.07)

Coal Energy SA (CLE PW): 14.49 (-0.07%)

Sadovaya Group SA (SGR PW):  2.75 (+4.56%)

Westa Intl Scientific Group (WES PW):  1.09 (-1.80%)

Carbon Trading

ICE daily CER price saw another day of cautious gains, reaching 1.07 EURO (+5.94%).  This can be viewed as consolidation after several weeks of the market getting pummeled.  Carbon is still long and positive sentiment about a 1.2 billion EUA set aside in the EU ETS can be instantly lost as soon as one nation publicly states is won't support the motion - which must be unanimous to become binding.

Warsaw Market & Carbon Watch - Tuesday 30 October

Greetings from Kiev!  Here is this morning’s Ukrainian stock performance summary, from the Warsaw Stock Exchange, based on the prior trading day's closing bell.  As a whole, the Warsaw Stock Exchange closed flat on the day (-0.20%), in line with the European markets (FTSE -0.20%, STOXX -0.69%, CAC -0.76%, DAX -0.40%, IBEX -0.60%) and the U.S. markets were closed due to severe weather.  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, they slightly underperformed the main Warsaw equities index, closing down (-1.28%) for the day with gains in Westa, Kernel and Milkiland being insufficient to offset red and white screens across the rest of the index's weighted names.  From a market depth standpoint, the highest trading volumes occurred in Westa International Scientific Group (326,039 shares), Sadovaya Group (149,470 shares) and Kernel (32,074 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): 43177.45 (-0.20%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  698.60 (-1.28%) 

Ovostar Union NV (OVO PW):  96.40 (unch)

Kernel Holding SA (KER PW):  67.60 (+0.30%)

Agroton Public Limited (AGT PW):  11.19 (-1.84%)

Astarta Holding NV (AST PW):  62.00 (-3.13%)

Industrial Milk Co (IMC PW):  15.25 (-4.63%)

KSG Agro SA (KSG PW):  12.92 (-2.12)

Milkiland (MLK PW):  16.93 (+0.18%)

KDM Shipping Plc (KDM PW):  27.28 (-0.07)

Coal Energy SA (CLE PW): 14.50 (-1.63%)

Sadovaya Group SA (SGR PW):  2.63 (-8.36%)

Westa Intl Scientific Group (WES PW):  1.11 (+1.83%)

Carbon Trading

ICE daily CER price saw another day of cautious gains, reaching 1.11 EURO (+14.77%).  The gains were driven mainly by Italy's signal it would support a 1.2 billion carbon credit set aside (EUAs) in the EU ETS.  The EU plans to table the set aside decision on November 14 - but so far only Italy and the United Kingdom have officially endorsed the measure with Poland staunchly opposed.  Any such set aside decision must be unanimous to be binding.