Local Ukrainian stocks were sluggish on Monday (Dec 9) as tensions rose in Kyiv amid a standoff between political protestors and the national authorities that saw the police taking up positions around the center of the capital. The major global indices were marginally higher, with the exception of the Nikkei in Tokyo, which jumped by 2.3%. The UX index edged down by 0.4% to close at 892 points. Azovstal and CentrEnergo saw the only substantial movement among the top liquid names, slipping by 1.3% and 0.8% respectively, with the latter ending at UAH 4.93; second-tier issues were generally inactive, although illiquid issue Alchevsk Coke registered a trading volume of UAH 300,000. In London, MHP rebounded sharply after two sessions of losses, picking up 4.5%, while in Warsaw, Dnipropetrovsk-based crop grower KSG Agro was down 2.0% to near PLN 10.
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