The
Ukrainian stock market was lower on Thursday (Jul 18) despite positive external
sentiment with both the Dow and the S&P 500 hitting all-time intraday highs
shortly after the opening bell. Meanwhile the UX index slid 0.5% to close at 867
points. Financial sector underperformed the broad market as blue-chip Raiffeisen
Bank Aval (BAVL UK) and UkrsotsBank (USCB UK) fell 1.5% and 1.6% respectively.
The top liquid Motor Sich (MSICH UK) slipped by tiny 0.1%. In steel related
stocks, Azovstal (AZST UK) added 0.4% while Enekievo Steel (ENMZ UK) dropped
0.9%.
In the second division, railcar maker Krukiv Wagon (KVBZ UK) dropped 3.4%
and iron ore producer Pivnichny GOK (SGOK UK) 1.2%. In London trading MHP (MHPC
LI) gained 0.9% and Ferrecpo (FXPO LN) gained 0.6%.
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