Kyiv-listed Ukrainian blue chips fell again on Tuesday (Sept 3), this time in line with profit-taking seen in the main European indices. Meanwhile, US markets looked poised for large gains early in the day, but news that a consensus is emerging in Congress in favor of military intervention in Syria quickly tempered the bullish mood. The UX index lost 0.9% to close at a 3-month low of 823 points. Motor Sich plunged again on worries about the company’s future on the Russian market, but recovered substantially late in the session. After trading as low as UAH 1492 intraday, the issue finished at UAH 1564, still a drop of 2.9%. DonbasEnergo suffered through another tough day as well, sliding 3.2%, and top financial name Raiffeisen Aval shed 1.2%. Azovstal outperformed the UX for a second straight session, inching up 0.2% to 62.60 kopecks. In London, sporadically-traded Regal Petroleum fell 10.1% from its previously-listed price to GBp 15.50; Ferrexpo and MHP both ended flat.
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