Warsaw Market & Carbon Watch - Tuesday 12 February

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 positively (+0.10%), compared to mixed screens across the main European markets (FTSE +0.21%, STOXX -0.29%, CAC +0.03%, DAX -0.24%, IBEX -1.18%) and red U.S. markets (DOW -0.16%, S&P -0.06%, NASDAQ -0.06%).  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, their index slightly outperformed the main Warsaw equities index, closing up (+0.64%) with gains in Coal Energy, Astarta, Kernel and IMC carrying the day.  From a market depth standpoint, the highest trading volumes occurred in IMC (154,599 shares), Kernel (110,617 shares) and Sadovaya (34,161 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): 46786.738 (+0.10%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  692.59 (+0.64%) 

Ovostar Union NV (OVO PW):  98.90 (-1.10%)

Kernel Holding SA (KER PW):  66.00 (+0.76%)

Agroton Public Limited (AGT PW):  10.56 (-4.00%)

Astarta Holding NV (AST PW):  64.55 (+1.65%)

Industrial Milk Co (IMC PW):  16.28 (+0.49%)

KSG Agro SA (KSG PW):  12.65 (-4.53%)

Milkiland (MLK PW):  15.50 (-1.15%)

KDM Shipping Plc (KDM PW):  27.19 (unch%)

Coal Energy SA (CLE PW): 13.09 (+4.72%)

Sadovaya Group SA (SGR PW):  1.80 (-1.10%)

Westa Intl Scientific Group (WES PW):  0.68 (unch%)

Carbon Trading

The ICE daily CER continued to trade in range, closing flat after opening higher initially and returning to 0.13 EURO (unch%).  ERUs are trading around 50% of this price with virtually no volume in carbon credits trading on the exchange.  The EU ETS market remains the "sick man of Europe" as eyes and ears carefully follow today's State of the Union address by President Barack Obama for possible clues to a U.S. climate action plan between now and 2016.

Warsaw Market & Carbon Watch - Monday 11 February

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 (+0.89%), in line with green screens across the main European markets (FTSE +0.57%, STOXX +1.25%, CAC +1.35%, DAX +0.81%, IBEX +2.00%) and U.S. markets (DOW +0.35%, S&P +0.57%, NASDAQ +0.91%).  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, their index tracked the main Warsaw equities index, closing higher (+0.37%) with gains in KSG Agro, IMC, KDM Shipping, Astarta, Coal Energy SA and Agroton driving the movement.  From a market depth standpoint, the highest trading volumes occurred in Westa (35,795 shares), Kernel (33,686 shares), Sadovaya (21,245 shares) and IMC (19,978 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): 46741.539 (+0.89%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  688.18 (+0.37%) 

Ovostar Union NV (OVO PW):  100.00 (unch%)

Kernel Holding SA (KER PW):  65.50 (-0.15%)

Agroton Public Limited (AGT PW):  11.00 (+0.27%)

Astarta Holding NV (AST PW):  63.50 (+0.79%)

Industrial Milk Co (IMC PW):  16.20 (+1.57%)

KSG Agro SA (KSG PW):  13.25 (+1.92%)

Milkiland (MLK PW):  15.68 (unch%)

KDM Shipping Plc (KDM PW):  27.19 (+1.46%)

Coal Energy SA (CLE PW): 12.50 (+0.40%)

Sadovaya Group SA (SGR PW):  1.82 (-1.09%)

Westa Intl Scientific Group (WES PW):  0.68 (-1.45%)

Carbon Trading

The ICE daily CER continued to trade in range and rose 1 Eurocent to 0.13 EURO (+8.33%) after falling 1 Eurocent the previous trading day and repeating the pattern of the previous 2 trading days.  ERUs are trading around 50% of this price with virtually no volume in carbon credits trading on the exchange.  EU carbon is oversupplied while game changing developments in other global markets are distant discussion topics.

Warsaw Market & Carbon Watch - Thursday 7 February

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 down (-1.13%), in line with mostly red screens across the main European markets (FTSE +0.20%, STOXX -1.28%, CAC -1.40%, DAX -1.09%, IBEX -0.46%) and U.S. markets (DOW +0.05%, S&P +0.05%, NASDAQ -0.10%).  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, their index tracked the main Warsaw equities index, closing in negative territory (-0.89%) with gains in Astarta unable to compensate for an otherwise sluggish day.  From a market depth standpoint, the highest trading volumes occurred in Sadovaya (110,405 shares), Kernel (99,025 shares) and Milkiland (60,591 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): 46149.141 (-1.13%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  684.73 (-0.89%) 

Ovostar Union NV (OVO PW):  97.85 (-2.15%)

Kernel Holding SA (KER PW):  64.70 (-1.97%)

Agroton Public Limited (AGT PW):  11.10 (-0.45%)

Astarta Holding NV (AST PW):  64.20 (+1.10%)

Industrial Milk Co (IMC PW):  15.75 (-0.38%)

KSG Agro SA (KSG PW):  13.09 (-0.38%)

Milkiland (MLK PW):  15.25 (-2.24%)

KDM Shipping Plc (KDM PW):  25.50 (-4.85%)

Coal Energy SA (CLE PW): 12.99 (-0.69%)

Sadovaya Group SA (SGR PW):  1.81 (-2.16%)

Westa Intl Scientific Group (WES PW):  0.69 (unch%)

Carbon Trading

The ICE daily CER continued to trade in range and grew 1 Eurocent to 0.13 EURO (+8.33%).  ERUs are trading around 50% of this price with virtually no volume in carbon credits trading on the exchange.  EU carbon fell 3.6% with clear oversupply weighing down a recent rally.  All eyes appear to be on what happens between now and 2020 particularly in North America and Asia. In the meantime the EU carbon market soldiers on but barely.