Most Ukrainian
blue chips were lower on Friday (Dec 20), although top liquid issue Motor Sich
rose against the market for a second straight day, thereby limiting the decline
in the UX index to just over half a percent. Externally, the main European and
US indices continued to rally, with the DAX, DJIA, and S&P 500 all returning
to record-high territory after having paused for two weeks on uncertainty over
the future direction of US monetary stimulus. The local benchmark retreated by
0.6% to end at 904 points. Azovstal and Raiffeisen Aval lost 2.5% and 2.3%
respectively, and CentrEnergo slid 1.7% to UAH 4.75 on turnover of just under
UAH 1mn. Outside the UX basket, Metinvest-controlled Khartsysk Pipe fell 11.8%
to 52 kopecks. In Warsaw, Kernel rebounded out of its recent slump, adding 5.6%,
while the comparatively less liquid Astarta sold off by 7.1% to PLN 59.
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