Thursday, 11 July 2013
Eavex Ukraine Market Monitor: July 11
Eavex Capital Wednesday (Jul 10) was a sluggish day for European stocks, including
local issues, as investors digested Tuesday’s gains. US bourses were also muted
ahead of the afternoon release of the latest Federal Reserve meeting notes,
which were expected to show increasing support for “tapering” the Fed’s
aggressive monetary stimulus policy, perhaps as soon as September. The UX index
inched down 0.3% to finish at 858 points. Alchevsk Steel was the most notable
decliner, setting a fresh 4-year closing low with a 1.6% slide to 4.17 kopecks.
Raiffeisen Aval and CentrEnergo slipped by 1.1% and 0.6% respectively on
combined turnover of UAH 3.1mn, while DonbasEnergo went against the grain,
picking up 1.8% to UAH 22.44. Outside the UX basket, iron ore miner Pivnichny
GOK moved down by 3.0%.
In London, Ferrexpo corrected by 3.7% after Tuesday’s
12% rise, while in Warsaw, Kernel was solidly higher for a second straight day,
adding 3.9% to PLN 52.50.Приложения к материалу:
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