The Dow managed a slim gain on Thursday while the S&P 500 and the Nasdaq shook off most of their earlier losses to end slightly lower, as
investors took advantage of a selloff to buy blue chips that have been rallying throughout the quarter. The Dow industrials sharply erased losses in
the last half hour of trading and closed up 0.2 percent. UAIndex has seen gain of 2.04% over the last month, partially attributed to addition of new
company (LSE: CFGP) to UAIndex. New U.S. jobless claims fell to a four-year low last week but fell short of forecasts and the previous week's
figures were revised higher. Analysts said the recent declines in weekly claims may be leveling off, a sign that improvement in the job market may
be stalling. Greece's Prime Minister Lucas Papademos stated that he does not rule out the need for yet another bailout package for Greece. He
stated that the country is making all the effort possible to avoid such an action, yet markets still have fresh memories of 2008 and 2011 debt
scandals, both related to Greece. This is the main reason why the country might have to ask for yet another inflow of funds. We suggest that the
statement will be negatively reflected in the performances of stocks today.

AgroInvest comment: Strong first quarter of 2012 signals for further growth in the next 2-3 months, the most active period for IPOs for the
companies. We are still awaiting several agro holdings to raise funds via public offering during this period.
 

AgroInvest