Ukrainian stocks ended firmly in the black on Tuesday (Oct 22), with
the UX index rising by 1.2% and regaining all of its Monday decline to close at
864 points; the external mood was boosted by a disappointing US jobs report that
all but guarantees a continuation of US quantitative easing at current levels
until at least March 2014. Local trading volumes remained sluggish as Kyiv
brokers continue to adjust their internal processes to new legislation on the
depositary system, which came into effect on Oct 12. DonbasEnergo advanced by
3.5% to UAH 23.99, making it the clear growth leader among blue chips, while
index heavyweights CentrEnergo and Motor Sich added 1.8% and 0.1% respectively.
Yenakievo Steel was the only loser in the UX basket, inching down by 0.1%.
Low-liquidity issue Mostobud rose by 2.0%. Ukrainian names traded abroad were
mixed, with London-listed Ferrexpo slipping half a percent, while Warsaw-listed
Kernel gained 2.5% to PLN 53.25.
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