Warsaw Market & Carbon Watch - Friday 15 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 slightly down (-0.42%), in line with red screens across the main European markets (FTSE -0.50%, STOXX -0.81%, CAC -0.78%, DAX -1.05%, IBEX -0.71%) and flattish U.S. markets (DOW -0.07%, S&P +0.07%, NASDAQ +0.06%).  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, their index tracked the main Warsaw equities index, closing down (-0.34%) with gains in Kernel and Milkiland unable to offset red and white screens among other weighted names.  From a market depth standpoint, the highest trading volumes occurred in IMC (151,617 shares) and Kernel (76,142 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): 46211.54 (-0.42%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  697.58 (-0.34%) 

Ovostar Union NV (OVO PW):  96.50 (-2.53%)

Kernel Holding SA (KER PW):  66.95 (+1.36%)

Agroton Public Limited (AGT PW):  10.00 (-2.44%)

Astarta Holding NV (AST PW):  67.10 (-1.32%)

Industrial Milk Co (IMC PW):  16.00 (unch%)

KSG Agro SA (KSG PW):  12.51 (-2.65%)

Milkiland (MLK PW):  15.01 (+0.07%)

KDM Shipping Plc (KDM PW):  26.98 (unch%)

Coal Energy SA (CLE PW): 12.74 (-1.92%)

Sadovaya Group SA (SGR PW):  1.76 (unch%)

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

Carbon Trading

The ICE daily CER continued to trade in range, falling one cent to 0.12 EURO (-7.69%).  ERUs are trading around 50% of this price.  Kyoto units are trading in low volumes on exchanges as market participants keenly await a (potentially disappointing) set aside vote for EUAs in the EU ETS scheduled for next week.  In the meantime, countries continue to issue ERUs and the CDM EB continues to issue CERs in the face of limited demand.

Warsaw Market & Carbon Watch - Thursday 14 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 slightly up (+0.02%), in line with green screens across the main European markets (FTSE +0.33%, STOXX +0.30%, CAC +0.32%, DAX +0.67%, IBEX +0.87%) and mixed U.S. markets (DOW -0.26%, S&P +0.06%, NASDAQ +0.33%).  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, their index slightly outperformed the main Warsaw equities index, closing up (+0.61%) with gains in Coal Energy, Ovostar, Astarta and Kernel driving the movement.  From a market depth standpoint, the highest trading volumes occurred in Kernel (92,042 shares), Sadovaya (37,218 shares) and Westa (26,611 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): 46406.74 (+0.02%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  699.94 (+0.61%) 

Ovostar Union NV (OVO PW):  99.00 (+2.06%)

Kernel Holding SA (KER PW):  66.05 (+0.08%)

Agroton Public Limited (AGT PW):  10.25 (-3.30%)

Astarta Holding NV (AST PW):  68.00 (+1.49%)

Industrial Milk Co (IMC PW):  16.00 (-1.23%)

KSG Agro SA (KSG PW):  12.85 (unch%)

Milkiland (MLK PW):  15.00 (-0.07%)

KDM Shipping Plc (KDM PW):  26.98 (-0.77%)

Coal Energy SA (CLE PW): 12.99 (+3.51%)

Sadovaya Group SA (SGR PW):  1.76 (unch%)

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

Carbon Trading

The ICE daily CER continued to trade flat and remained at 0.13 EURO (unch%).  ERUs are trading around 50% of this price with virtually no volume in carbon credits trading on the exchange.  Although a set aside vote for EUAs in the EU ETS is scheduled for next week, the track record of previous Member State votes implies no action will result at least not for the foreseeable future.

Warsaw Market & Carbon Watch - Wednesday 13 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 in the red (-0.83%), compared to green screens across the main European markets (FTSE +0.98%, STOXX +1.00%, CAC +0.99%, DAX +0.35%, IBEX +1.93%) and mixed U.S. markets (DOW +0.34%, S&P +0.16%, NASDAQ -0.17%).  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, their index outperformed the main Warsaw equities index, closing up (+0.45%) with gains in Astarta, KSG Agro, Westa and Agroton driving the movement.  From a market depth standpoint, the highest trading volumes occurred in Sadovaya (101,519 shares), Kernel (97,437 shares) and Westa (70,375 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): 46399.26 (-0.83%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  695.72 (+0.45%) 

Ovostar Union NV (OVO PW):  97.00 (-1.92%)

Kernel Holding SA (KER PW):  66.00 (unch%)

Agroton Public Limited (AGT PW):  10.60 (+0.38%)

Astarta Holding NV (AST PW):  67.00 (+3.80%)

Industrial Milk Co (IMC PW):  16.20 (-0.49%)

KSG Agro SA (KSG PW):  12.85 (+1.58%)

Milkiland (MLK PW):  15.01 (-3.16%)

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

Coal Energy SA (CLE PW): 12.55 (-4.13%)

Sadovaya Group SA (SGR PW):  1.76 (-2.22%)

Westa Intl Scientific Group (WES PW):  0.69 (+1.47%)

Carbon Trading

The ICE daily CER continued to trade flat after opening one Eurocent higher before 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.  EU Carbon is down 27.78% for the year to date.