OREANDA-NEWS. March 12, 2012. Concorde Capital released daily Ukrainian market view:

Warsaw’s WIG-Ukraine index fell 1.4% on Friday, with most of Europe retreating (MSCI Europe -0.7%) on speculation equity performance this year has been overdone. The worst performers were the two most heavily-weighted components of the index: Kernel (KER PW) -3.1% and Astarta (AST PW) -1.7%. In London, Ukrainian names were mostly lower, JKX Oil & Gas (JKX LN) being the steepest decliner, down 2.7%. Ferrexpo (FXPO LN) posted one of the biggest gains, rising 1.6%. The local Ukrainian Exchange reopens today after being closed since Wednesday for a long weekend in observance of International Women’s Day. On Wednesday, the UX rose 0.4%, with most stocks closing in the black. Railcar makers continued to be in focus and were the day’s biggest advancers, with Stakhaniv Wagon (SVGZ UK) +5.1% and Kryukiv Wagon (KVBZ UK) +3.3%.