Ukrainian stocks ended mostly higher on Tuesday (Jan 28) as market players
raised their bids to cover short positions. The UX index added 0.9% to close
at 872 points. DonbasEnergo (DOEN UK) outperformed the broad market, advancing
by 4.3%, although it still finished below its local maximum of UAH 31.50. Top
liquid issue Motor Sich (MSICH UK) was also notably higher rising by 2.2% to UAH
1,742 on volume of just over UAH 1mn. Meanwhile, Avdyivka Coke (AVDK UK) and
UkrSotsBank (USCB UK) lost 2.3% and 1.3% respectively. Ukrainian agro names
listed in London were mixed, with Avangard (AVGR LI) erasing the previous day’s
loss with a 4.5% gain, while MHP (MHPC LI) dropped another 1.6%. The
Warsaw-traded Milkiland (MLK PW) agro issue appreciated by 3.6%
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