Locally-traded Ukrainian stocks started the week with a quiet session on Monday (Jun 10), while the FTSE and the DAX regained some of their losses from their steep slide of last Wednesday/Thursday and the Nikkei jumped by 5% overnight. The UX index was nearly unchanged for the day, inching up by a single tick to close at 857 points. Alchevsk Steel’s (ALMK) drop of 1.4% was the largest price swing of the session; the only other blue chips to move by more than half a percent were CentrEnergo (CEEN) and DonbasEnergo (DOEN), which posted respective gains of 0.7% and 1.0% on combined turnover of UAH 1.9mn.
In London, Ferrexpo (FXPO) was hit again on a bearish outlook for iron ore prices, slumping 5.8% to just above GBp 150, and Regal Petroleum (RPT) closed down 8.1% at GBp 19.75. In Warsaw, Ukrainian agro heavyweights Kernel (KER) and Astarta (AST)both added about 1%.
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