Warsaw Market Watch - Friday 28 September

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 performed slightly up on the day (+0.69%), in line with similar improvements in the European markets (FTSE +0.20%, STOXX +0.30%, CAC +0.72%, DAX +0.19%) and the U.S. markets (DOW +0.54%, S&P +0.96%, NASDAQ +1.39%).  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, they experienced a correction and closed slightly down (-0.26%) for the day, with losses in certain agriculture and food production names offsetting gains in the energy and metals/mining sectors.  From a market depth standpoint, the highest trading volumes occurred in Westa International Scientific Group (2,005,203 shares) and Kernel (123,251 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): 43763.3 (+0.69%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  710.1 (-0.26%) 

Ovostar Union NV (OVO PW):  98.80 (-0.45%)

Kernel Holding SA (KER PW):  65.50 (-1.50%)

Agroton Public Limited (AGT PW):  10.68 (-1.11%)

Astarta Holding NV (AST PW):  65.50 (unch)

Industrial Milk Co (IMC PW):  14.70 (unch)

KSG Agro SA (KSG PW):  13.34 (+0.23%)

Milkiland (MLK PW):  17.25 (+1.83%)

KDM Shipping Plc (KDM PW):  25.80 (unch)

Coal Energy SA (CLE PW): 16.45 (+2.81%)

Sadovaya Group SA (SGR PW):  4.20 (+0.72%)

Westa Intl Scientific Group (WES PW):  1.09 (+13.54%)

Carbon Trading

ICE daily CER price for carbon continues to climb for the third straight day to 2.23 EUR (+4.21%), on the news of a possible EU Emissions Trading Scheme decision to block certain newly issued ERUs from being used for compliance. 

Warsaw Market Watch - Thursday 27 September

Greetings from Kiev!  Here is this morning’s Ukrainian stock performance summary, from the Warsaw Stock Exchange, based on Tuesday’s closing bell.  As a whole, the Warsaw Stock Exchange performed slightly down on the day (-0.82%) after a previous day of gains, in line with similar slight decreases in the European markets (FTSE -1.56%, STOXX -2.72%, CAC -2.82%, DAX -2.00%, IBEX -3.92%) and the U.S. markets (DOW -0.33%, S&P -0.57%, NASDAQ -0.77%).  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, they outperformed the Polish market in general and closed up (+0.64%) for the second straight day, led by gains in value for certain weighted names in the agriculture sector.  From a market depth standpoint, the highest trading volumes occurred in Westa International Scientific Group (1,952,988 shares) and Kernel (90,965 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): 43462.141 (-0.82%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  711.98 (+0.64%) 

Ovostar Union NV (OVO PW):  99.25 (-1.73%)

Kernel Holding SA (KER PW):  66.50 (+3.74%)

Agroton Public Limited (AGT PW):  10.80 (-1.82%)

Astarta Holding NV (AST PW):  65.50 (-0.76%)

Industrial Milk Co (IMC PW):  14.70 (unch)

KSG Agro SA (KSG PW):  13.31 (-0.22%)

Milkiland (MLK PW):  16.94 (-0.94%)

KDM Shipping Plc (KDM PW):  25.80 (unch)

Coal Energy SA (CLE PW): 16.00 (-1.48%)

Sadovaya Group SA (SGR PW):  4.17 (-3.25%)

Westa Intl Scientific Group (WES PW):  0.96 (-32.87%)

Carbon Trading

ICE daily CER price for carbon improves for the second straight day to 2.14 EUR (+3.88%), against a background of falling energy and commodity prices, with gains driven by options trading and lower recent CER and ERU issuances. 

Warsaw Market Watch - Wednesday 26 September

Greetings from Kiev!  Here is this morning’s Ukrainian stock performance summary, from the Warsaw Stock Exchange, based on Tuesday’s closing bell.  As a whole, the Warsaw Stock Exchange performed up on the day (+0.68%), in line with similar slight increases in the European markets which also by and large closed on positive notes (FTSE +0.36%, STOXX +0.41%, CAC +0.47%, DAX +0.16%, IBEX +0.45%).  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, they performed in line with the Polish market in general and closed up (+0.61%), led by gains in value for certain weighted names in the energy, agriculture and food production sectors.  From a market depth standpoint, the highest trading volumes occurred in Westa International Scientific Group (1,203,885 shares) and Kernel (122,813 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): 43822.422 (-0.68%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  707.46 (+0.61%) 

Ovostar Union NV (OVO PW):  101.00 (unch)

Kernel Holding SA (KER PW):  64.10 (+1.18%)

Agroton Public Limited (AGT PW):  11.00 (-1.70%)

Astarta Holding NV (AST PW):  66.00 (+0.15%)

Industrial Milk Co (IMC PW):  14.70 (+1.38)

KSG Agro SA (KSG PW):  13.34 (+2.69%)

Milkiland (MLK PW):  17.10 (+2.29%)

KDM Shipping Plc (KDM PW):  25.80 (unch)

Coal Energy SA (CLE PW): 16.24 (+0.25%)

Sadovaya Group SA (SGR PW):  4.31 (-0.92%)

Westa Intl Scientific Group (WES PW):  1.43 (+28.83%)

Carbon Trading

ICE daily CER price for carbon improves to 2.06 EUR (+3.52%), on the back on stronger oil and energy prices, while market participants wait for EU decision making in regard to a potential set aside of EUAs.

Ukraine Business News

Ukraine's State Debt Fell Slightly in August, According to Government
According to figures compiled by Ukraine's Ministry of Finance, the country's public debt fell by 1.02% or $635.3 million - to $61.539 billion.  In their report, the Ministry states that Ukraine's national debt increased by 3.9%, or $2.323 billion, from $59.216 billion during the first 8 months of 2012.  (for more information kindly see http://korrespondent.net/business/economics/1399228-gosdolg-ukrainy-neznachitelno-sokratilsya-v-avguste)

Warsaw Market Watch

Greetings from Kiev!  Here is this morning’s Ukrainian stock performance summary, from the Warsaw Stock Exchange, based on Monday’s closing bell.  As a whole, the Warsaw Stock Exchange performed flat on the day with a slight decrease (-0.40%), in line with similar slight decreases for the Dow (-0.15%), the S&P500 (-.22%) and the FTSE (-0.24%).  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, they outperformed the market in general and closed up (+0.92%), led by gains in value for certain weighted names in the energy, shipping, agriculture and food production sectors.  From a market depth standpoint, the highest trading volumes occurred in Westa International Scientific Group (983,535 shares), Kernel (86,575 shares), Sadovaya Group (64,367 shares), and Industrial Milk Company (50,466 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): 43526.41 (-0.40%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  703.18 (+0.92%) 

Ovostar Union NV (OVO PW):  101.00 (unch)

Kernel Holding SA (KER PW):  63.35 (+1.36%)

Agroton Public Limited (AGT PW):  11.19 (-0.97%)

Astarta Holding NV (AST PW):  65.90 (+1.38%)

Industrial Milk Co (IMC PW):  14.50 (unch)

KSG Agro SA (KSG PW):  12.99 (+0.78%)

Milkiland (MLK PW):  17.50 (+0.86%)

KDM Shipping Plc (KDM PW):  25.80 (+0.39%)

Coal Energy SA (CLE PW): 16.20 (-1.28%)

Sadovaya Group SA (SGR PW):  4.35 (unch)

Westa Intl Scientific Group (WES PW):  1.11 (+23.33%)

Warsaw Market Watch

Greetings from Kiev!  Here is this morning’s Ukrainian stock performance summary, from the Warsaw Stock Exchange, based on Friday’s closing bell.  As a whole, the Warsaw Stock Exchange performed flat on the day with a slight decrease -0.08% for its second slight loss day after two days of moderate gains.  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, they performed in line with the market and closed down 0.39%, led by losses in value for certain weighted names in the mining, agriculture and food production sectors.

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): 43701.32 (-0.08%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  696.75 (-0.39%) 

Ovostar Union NV (OVO PW):  101.00 (-0.2%)

Kernel Holding SA (KER PW):  62.50 (-0.24%)

Agroton Public Limited (AGT PW):  11.30 (+0.36%)

Astarta Holding NV (AST PW):  65.00 (-1.22%)

Industrial Milk Co (IMC PW):  14.50 (-1.29%)

KSG Agro SA (KSG PW):  12.89 (-5.66%)

Milkiland (MLK PW):  17.35 (+1.98%)

KDM Shipping Plc (KDM PW):  25.70 (-0.39%)

Coal Energy SA (CLE PW): 16.41 (+1.05%)

Sadovaya Group SA (SGR PW):  4.35 (-3.76%)

Westa Intl Scientific Group (WES PW):  0.90 (+18.42%)

Ukraine Business News

Ukraine Poised To Become Leading World Corn Exporter
According to the calculations of the Association Ukrainian Agribusiness Club, based on the Food and Agriculture Organization (United Nations) data since 2000, corn yields in Ukraine increased annually by 2.3 tons per hectare, whereas the current global grain exporting countries (United States, Brazil, Argentina) increased their yields in the range of 0.8-1.4 kg per hectare.  During the past year, Ukrainian corn yields amounted to 64.4 tons per hectare, while in 2000 it stood at yield of 30.1 tons per hectare (e.g., doubling output).  Similarly, Ukrainian soybean productivity growth has increased greatly since 2000, at 0.68 tons per hectare annually, while the U.S. soybean yield growth for the same period is equal to 0.33 kilograms per hectare.  According to Dr. Alex Lissitsa, President of the Association Ukrainian Agribusiness Club, there is continued huge growth potential for Ukraine's agribusiness sector due to technology and farming methodology improvements, at a time when its global competitors have almost already touched their maximum crop production capacities. With continued productivity growth at 5% per year, Ukraine will be able to exceed corn exports by Argentina and Brazil, cementing a firm foothold in the second place after the United States - about 30 million tons annually - and growing.  (for more information see source article at www.korrespondent.net)  

Warsaw Market Watch

Greetings from Kiev!  Here is this morning’s Ukrainian stock performance summary, from the Warsaw Stock Exchange, based on yesterday’s closing bell.  As a whole, the Warsaw Stock Exchange performed slightly down on the day with a slight decrease -0.99% after two days of moderate gains.  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, they performed down 2.31%, led mostly by slight net decreases in value for certain weighted names in the agriculture and food production sectors.

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): 43737.02 (-0.99%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  699.51 (-2.31%) 

Ovostar Union NV (OVO PW):  101.20 (-3.5%)

Kernel Holding SA (KER PW):  62.65 (-4.7%)

Agroton Public Limited (AGT PW):  11.26 (+1.9%)

Astarta Holding NV (AST PW):  65.80 (-1.1%)

Industrial Milk Co (IMC PW):  14.69 (unch)

KSG Agro SA (KSG PW):  12.20 (-4.2%)

Milkiland (MLK PW):  17.70 (+0.6%)

KDM Shipping Plc (KDM PW):  25.80 (+0.58%)

Coal Energy SA (CLE PW): 16.24 (-1.0%)

Sadovaya Group SA (SGR PW):  4.52 (+4.6%)

Westa Intl Scientific Group (WES PW):  0.76 (+24.6%)