Locally-listed stocks were quiet on Tuesday (Jun 25), with the main Ukrainian benchmark edging higher on mixed results. The market’s lack of reaction to the bargain-hunting rebounds in London and Frankfurt was not too suprising, given that the Ukrainian Exchange had avoided the big global losses seen on Monday thanks to a holiday closure. The UX index gained 0.4% to close at 859 points. UkrSotsBank saw the biggest move among blue chips, adding 2.7% to 13 kopecks on the nose, while Alchevsk Steel and DonbasEnergo both picked up 1.2% and volume leader Motor Sich rose 0.8% on turnover of UAH 3.9mn. On the downside, CentrEnergo and Azovstal shed 0.6% each. In London, beaten-down JKX Oil & Gas appreciated by 3.5%, but Regal Petroleum slid 7.1% to GBp 18. Ferrexpo bounced off a fresh 45-month low touched on Monday, adding 4.1% to close at GBp 140.
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