Friday’s (May 24) session on the Ukrainian Exchange brought a rather quiet ending to a week that saw significant daily movements in both directions in the local market. In New York, the main indices more or less shrugged off concerns that there could soon be a slowdown in the pace of the Federal Reserve’s quantitative easing, reclaiming early losses to finish unchanged. The UX ended the day higher by 0.3% at 853 points; for the week, the benchmark added 3.1%, its best showing since February. Azovstal was the day’s standout performer, picking up 1.7% to just below 60 kopecks; heavyweight issues Motor Sich and CentrEnergo were both unchanged on combined turnover of UAH 4.6mn. Outside the UX basket, it was an active day for electricity distributor KrymEnergo, which gained 3.3%, while coal mine Comsomolets Donbasa slipped 1.1%.
In Warsaw, Sadovaya Group rose 5.4% to PLN 1.16; in London, Ferrexpo was down another 2.8% following its 9% drop on Thursday, closing just above GBp 170.
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