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Analytics and Market news

Wednesday, 11 December 2013

Eavex Ukraine Market Monitor: Dec 11

Eavex Capital

All 10 Ukrainian Exchange blue chip stocks ended lower on Tuesday (Dec 10) in line with losses in main European indices, as Kyiv’s political standoff continued, with little common ground to be seen between opposition protesters and President Yanukovych. The UX index slipped 0.8% to close at 885 points. Leading the decline was Avdyivka Coke, which fell 1.5% to UAH 3.05; Motor Sich, CentrEnergo, and DonbasEnergo were each down 1.3%. UkrNafta and Azovstal saw more marginal drops of less than half a percent each and UkrSotsBank ended unchanged near 17 kopecks. Outside the UX basket, ZhytomirOblEnergo lost 7.1%, while heavy truck producer AvtoKraz gained 3.3% to 3.80 kopecks.

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