Ukrainian equities finished firmly in the black on Wednesday (Nov 13) thanks to a solid rebound in the final trading hour. Externally, explicitly dovish comments from incoming US Federal Reserve chief Janet Yellen sent the S&P 500 surging to yet another record high; Yellen is viewed as an advocate of continued monetary stimulus support for the US economy. The UX index gained 0.6% to close at 887 points. Raiffeisen Aval added the most points to the index, advancing by 3.4% to UAH 10.76. Volume leader Motor Sich retreated by 1.2% as it failed to consolidate a rise above the UAH 1,600 resistance level. In second-division names, Krukiv Wagon lost 2.4% dropping below UAH 17 on more concerns about whether the company will be able to return to the Russian market in coming months. Ukrainian names traded abroad were mixed, with Astarta and Kernel both falling 1.4% in Warsaw while MHP and Avangard rose 2.1% and 3.1% respectively in London.
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