Warsaw Market Watch - Wednesday 10 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 performed slightly down for the second straight day (-0.79%), against a backdrop of similar results in the European markets (FTSE -0.54%, STOXX -0.96%, CAC -0.70%, DAX -0.78%, IBEX -1.85%) and in the U.S. markets (DOW -0.81%, S&P -0.99%, NASDAQ -1.52%).  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, they outperformed in line with the market and closed down (-1.84%) for the day, with red and white screens across the board.  From a market depth standpoint, trading was a touch on the lighter side however the highest trading volumes occurred in Westa International Scientific Group (517,756 shares), Kernel (73,960 shares), Astarta (88,252) and Agroton (71,983 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): 44026.54 (-0.79%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  721.46 (-1.84%) 

Ovostar Union NV (OVO PW):  100.00 (-0.70%)

Kernel Holding SA (KER PW):  64.10 (-3.61%)

Agroton Public Limited (AGT PW):  12.83 (-0.16%)

Astarta Holding NV (AST PW):  67.50 (-0.37%)

Industrial Milk Co (IMC PW):  15.73 (-0.06%)

KSG Agro SA (KSG PW):  14.07 (-0.71%)

Milkiland (MLK PW):  17.45 (-0.29%)

KDM Shipping Plc (KDM PW):  25.00 (unch)

Coal Energy SA (CLE PW): 17.00 (-2.86%)

Sadovaya Group SA (SGR PW):  4.64 (-0.64%)

Westa Intl Scientific Group (WES PW):  0.95 (-5.00%)

Carbon Trading

ICE daily CER price continued its range trading and fell to 1.93 EURO (-3.02%) on the back of falling energy prices, market oversupply concerns, and general regulatory support anxiety fatigue.  More U.N. offsets are expected to be issued this month -- and for the rest of the year -- from CDM and JI projects as governments and regulatory bodies seem to have taken Mick Jagger's advice to heart "Anything worth doing is worth overdoing."

Warsaw Market Watch - Tuesday 9 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 performed slightly down on the day (-0.33%) with investors taking profits from the previous day's gains, against a backdrop of similar results in the European markets (FTSE -0.50%, STOXX -1.39%, CAC -1.46%, DAX -1.44%, IBEX -0.80%) and in the U.S. markets (DOW -0.19%, S&P -0.35%, NASDAQ -0.76%).  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, they outperformed in line with the market and closed down (-0.60%) for the day, with gains in certain weighted names in the agriculture sector being outweighed by broader corrections across the board.  From a market depth standpoint, trading was relatively light on the day however the highest trading volumes occurred in Westa International Scientific Group (551,058 shares), Kernel (36,034 shares), and Agroton (31,981 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): 44376.95 (-0.33%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  735.01 (-0.60%) 

Ovostar Union NV (OVO PW):  100.70 (-0.20%))

Kernel Holding SA (KER PW):  66.50 (+0.15%)

Agroton Public Limited (AGT PW):  12.85 (-2.36%)

Astarta Holding NV (AST PW):  67.75 (-0.73%)

Industrial Milk Co (IMC PW):  15.74 (+0.90%)

KSG Agro SA (KSG PW):  14.17 (-3.61%)

Milkiland (MLK PW):  17.50 (unch)

KDM Shipping Plc (KDM PW):  25.00 (-4.21%)

Coal Energy SA (CLE PW): 17.50 (-2.78%)

Sadovaya Group SA (SGR PW):  4.67 (-2.10%)

Westa Intl Scientific Group (WES PW):  1.00 (-1.96%)

Carbon Trading

ICE daily CER price continued its range trading and nervously kicked off this week with improvement to 1.99 EURO (+5.29%), with low volume and narrowing spreads.  The U.N. offset market is long at this point and economic challenges to growth in the Eurozone -- as well as regulatory steps to maintain the integrity of the Kyoto Protocol carbon credits market -- must be resolved before optimism can be found.

Warsaw Market Watch - Monday 8 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 performed up on the day (+1.56%), generally in line with results in the European markets (FTSE +0.74%, STOXX +1.83%, CAC +1.64%, DAX +1.27%, IBEX +1.81%) and in slight contrast to mixed results in the U.S. markets (DOW +0.26%, S&P -0.03%, NASDAQ -0.42%).  Looking at Ukrainian equities in particular across the Warsaw Stock Exchange, they outperformed in line with the market and closed up (+1.04%) for the day, with gains in certain weighted names in the agriculture and metals/mining sectors driving the movement.  From a market depth standpoint, the highest trading volumes occurred in Westa International Scientific Group (795,224 shares), Kernel (177,769 shares), Sadovaya (182,006 shares), Coal Energy (149,940 shares) and Agroton (55,195 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): 44524.65 (+1.56%)

WSE WIG-Ukraine Index (total return index for Ukrainian listed companies):  739.42 (+1.04%) 

Ovostar Union NV (OVO PW):  100.90 (unch)

Kernel Holding SA (KER PW):  66.40 (+0.61%)

Agroton Public Limited (AGT PW):  13.16 (+6.56%)

Astarta Holding NV (AST PW):  68.25 (+0.74%)

Industrial Milk Co (IMC PW):  15.60 (unch)

KSG Agro SA (KSG PW):  14.70 (+5.00%)

Milkiland (MLK PW):  17.50 (+2.34%)

KDM Shipping Plc (KDM PW):  26.10 (unch)

Coal Energy SA (CLE PW): 18.00 (+0.95%)

Sadovaya Group SA (SGR PW):  4.77 (+4.61%)

Westa Intl Scientific Group (WES PW):  1.02 (-8.93%)

Carbon Trading

ICE daily CER price for carbon rose ever so slightly for the second straight day, closing at 1.89 EURO (+2.16%), with spreads narrowing and a general consensus among traders that the Kyoto Protocol carbon market is long.