Ukraine’s equity market was little-changed on Thursday (Nov 21) despite the Ukrainian government’s apparent attempt to back out of a long-planned free trade agreement with the EU. The UX index slipped 0.3% to close at 912 points. The stocks of companies focused on sales to the Russian market, Motor Sich (MSICH) and Krukiv Wagon (KVBZ), rallied marginally, adding 1.2% each, while steel sector names ended in the red, with Azovstal (AZST) and Alchevsk Steel (ALMK) both dropping 1.4%. Among power generation names, CentrEnergo (CEEN)fell 1.2% while DonbasEnergo (DOEN) was unchanged.
In London, MHP rose back above the USD 17 level for the first time since mid-August, while Regal Petroleum and JKX Oil & Gas declined by 1.4% and 1.5% respectively.
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