Kyiv-listed
Ukrainian blue chips continued to slide back toward their levels of this autumn
in trading on Wednesday (Dec 25), with all the main global bourses except for
those in Asia shut for Christmas. The local market had rallied modestly in
previous months on expectations that the government would conclude a free trade
deal with the European Union. The UX index fell 1.2% to close at 885 points. All
the top liquid names with the exception of Raiffeisen Aval (BAVL, +1.0%) were
losers on the day, with CentrEnergo (CEEN) and Azovstal (AZST) each declining by
1.7% and ending at UAH 4.59 and 65 kopecks respectively. Motor Sich (MSICH) saw
its 5-session winning streak snapped with a 1.4% drop on turnover of UAH 1.5mn.
Outside the UX basket, Krukiv Wagon (KVBZ) and Interpipe (NVTR) posted
respective declines of 2.4% and 4.7%. Foreign-listed Ukrainian issues saw no
trading action due to the holiday closure.
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