Ukrainian stocks were mixed on Wednesday (Jun 12), with the UX basket equally split between winners and losers, while a wave of late-day selling pulled the DAX down by 1% in Frankfurt. The UX index ended essentially flat for the session at 851 points. Volumes were evenly spread around, with 7 different issues reaching UAH 1mn in turnover. Raiffeisen Aval (BAVL) slipped below 10 kopecks with a 1.3% decline and Motor Sich (MSICH) inched down 0.2%, closing at UAH 2000 on the nose. On the upside, DonbasEnergo (DOEN) continued to outperform other local blue chips ahead of a likely privatization announcement later this summer, adding 1.6%, and Yenakievo Steel (ENMZ) picked up 2.1%. In Warsaw, dairy producer Milkiland (MLK PW) gained 3.4%, while the main Ukrainian names listed in London saw few notable changes; Ferrexpo (FXPO LN) appeared to steady, edging up 1% after sliding 18% since the beginning of the month.
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