Locally-listed
Ukrainian stocks were lower on Monday (Oct 14), failing to follow the gains seen
in the major global indices at the end of last week when the Ukrainian Exchange
was closed for technical adjustments. In what was effectively a half-day of
trading due to a late opening, the UX index slipped 0.6% to close at 840 points.
Motor Sich (MSICH) was the biggest casualty, sliding 1.7% to UAH 1562 while
leading the exchange on volume with UAH 2.4mn in registered deals. Alchevsk
Steel (ALMK) dropped 1.2% to 4.05 kopecks, while CentrEnergo (CEEN) and
Raiffeisen Aval (BAVL) edged down by 0.7% and 0.4% respectively. In London, it
was a good day for Avangard (AVGR LI), which moved up by 3.7% to USD 11.60, but
MHP (MHPC LI) slipped back below the USD 15 level after a 0.9% decline.
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