Ukrainian stocks moved lower in line with European shares on Tuesday (Jul 2), as worsening political turmoil in Egypt pushed up oil prices and reversed initially positive trading sentiments on Wall Street. The UX index slipped 0.6% to close at 862 points. Avdyivka Coke led the decline on a drop of 1.6%, and top liquid issue Motor Sich lost 1.0% to UAH 1948 on turnover of UAH 5.9mn. Steelmakers Alchevsk and Yenakievo both shed 0.9%, while CentrEnergo and Raiffeisen Aval fell in line with the index. There was above-average activity in second-tier issue Bogdan Motors, which slid 5.4% to 5.20 kopecks.
In London, Regal Petroleum regained more than half of its 20% Monday plunge, adding 10.5% to GBp 16, and Avangard picked up 1.7% to USD 8.85. In Warsaw, Astarta and Sadovaya Group edged up by 0.7% and 1.0% respectively, while Ovostar was unchanged at PLN 76.
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