Ukrainian blue chips were mixed on Tuesday (Jun 18) in line with European shares ahead of the two-day FOMC meeting in the US, where observers generally expect the US Federal Reserve to re-commit to its monetary stimulus policy. The UX index stayed near the breakeven line throughout the afternoon and finished the session unchanged at 872 points. UkrNafta (UNAF) and UkrSotsBank (USCB) were notably higher, adding 5.7% and 3.5% respectively, and CentrEnergo (CEEN) picked up 1.9% to UAH 4.72. On the downside, Avdyivka Coke (AVDK) and Azovstal (AZST) posted respective losses of 2.7% and 2.1%, while Alchevsk Steel (ALMK) and DonbasEnergo (DOEN) both shed 1.2%. Among second-tier names, Pivnichny GOK (SGOK) fell 2.7% and Krukiv Wagon (KVBZ) gained 6.8%, albeit on very low turnover. In London, MHP (MHPC LI) was the day’s most notable mover, sliding 4.1% to UAH 17.55 and ending a lengthy run of stability above USD 18 for the issue.
full report
