Most Ukrainian
blue chips ended marginally lower on Wednesday (Nov 20), although gains in two
top liquid issues allowed the UX index to end the day unchanged at 915 points,
mirroring a largely flat performance in European shares. Raiffeisen Aval
continued to underpin the local benchmark, rising for an 8th consecutive session
with a 1.9% pickup to 12.18 kopecks, and DonbasEnergo added 1.8% to approach the
UAH 27 level; together, the two issues accounted for UAH 2.3mn in turnover. On
the downside, UkrSotsBank shed 1.6%, while Alchevsk Steel and CentrEnergo each
edged down by 0.7%. Outside the UX basket, Stirol was little-changed near UAH 14
after the announcement of a special shareholder meeting set for next Thursday
(Nov 28). In Warsaw, top agro names Kernel and Astarta posted respective gains
of 4.2% and 2.0%, with the latter ending at PLN 67.30.
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