Ukrainian stocks ended last week with a fairly sharp selloff on Friday (Apr 26), underperforming global equity markets and giving back most of their gains of the previous week. The UX index lost 2.0%, closing at 806 points. Avdyivka Coke (AVDK) was the worst-hit blue chip, dropping 6.2% to UAH 2.95, and Alchevsk Steel (ALMK) and UkrNafta (UNAF) both shed more than 4%. Volume leader Motor Sich (MSICH) was down by a more moderate 1.1% on turnover of UAH 5.9mn, while CentrEnergo (CEEN) was the only major name to end the day higher, edging up by 0.4%. Among active second-tier issues, beaten-down Stakhanov Wagon (SVGZ) suffered a 10.7% decline to UAH 1.38. In London, Ferrexpo (FXPO LN) pulled back by 2.3% after recent gains, while Astarta (AST PW) moved in the opposite direction, rallying sharply in Warsaw after a string of losses; the stock added 8.0% to PLN 50 on the nose.
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