Ukraine’s domestic equity index edged lower on Monday (Feb 10), as
the hryvnia firmed against the dollar thanks to NBU intervention and top liquid
issue Motor Sich gave up most of its gain from Friday’s trading session. In
Europe, the main bourses in London, Frankfurt and Paris stayed close to the
breakeven line, while Tokyo posted a solid rise overnight. The UX index slipped
0.6% to end at 895 points. Motor Sich (MSICH) moved back below UAH 1800 after a
2.0% loss, and DonbasEnergo (DOEN) and Alchevsk Steel (ALMK) fell 1.7% and 0.8%
respectively. Non-UX basket component Pivnichny GOK (SGOK) led the UX on volume
with UAH 2.1mn in deals while dropping 2.2% to UAH 7.82, and there was some
activity in illiquid Zaliv Shipyard (SZLV), which reported UAH 460,000 in
trades. In London, Regal Petroleum (RPT) slid 5.1% to GBp 11.25 and Ferrexpo
(FXPO) edged down 1.3%, while MHP (MHPC) rebounded by 2.0% to get back above the
USD 15 level.
full report