OREANDA-NEWS. February 24, 2012. Concorde Capital released daily Ukrainian market view:
Poland’s WIG-Ukraine index fell for the fifth straight session, -0.4%, as losses in Sadovaya Group (SGR PW) -6.3% and Westa (WES PW) -3.9% overshadowed small gains in other index components. Overall, market sentiment in Europe and emerging markets was fairly glum after the European Commission forecasted real GDP growth in the EU would be negative in 1Q12, making it the second consecutive quarter and signaling a recession. Meanwhile, the local UX pulled into positive territory for the first time in four days, moving up 0.4%, with all but two blue chips in the black.
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