Ukrainian stocks were sluggish on Tuesday (May 14), again failing to keep pace with the seemingly unstoppable rally in the main global equity indices, where central bank easing continues to pump up asset values. The UX finished down by half a percent, closing at 818 points. Yenakievo Steel (ENMZ) fell 1.2% while Raiffeisen Aval (BAVL) and DonbasEnergo (DOEN) both slipped 0.9%. Low-liquidity issue UkrSotsBank (USCB) strengthened against the market, adding 1.4% on typically light volume of less than UAH 100,000, and Azovstal (AZST) posted a small rise of 0.2%. In second-tier names, Yasynivsky Coke (YASK) picked up 1.7%, while Stakhanov Wagon (SVGZ) shed 2.6% to UAH 1.35.
In Warsaw, Astarta (AST PW) fell 1.9% to PLN 54 ahead of the release of its 1Q financials this morning.
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