UAIndex has indicated slight decline
2012-05-30 15:31:16
At the end of the trading session on May 29, 2012 UAIndex has shown -0.02% decline, after growth on Monday. Kernel has indicated highest capitalization increase of 5.67%, slightly recovering from 24% loss over the past month. Soya and sugar have increased in price, while wheat, oil and corn declined. Global indices have indicated positive performance over the trading session.
AgroInvest comment: At the beginning of the summer, we shall see growth of capitalization as a natural increase in expectations for agrarian companies. Decreasing commodity prices however might bring some discomfort in terms of investors’ confidence.
For more detail please refer to the UAIndex Daily (May 30 issue).
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