Local Ukrainian
equities traded above and below the breakeven line throughout the session on
Thursday (Mar 20) before ending mixed. In the US, the main indices rebounded a
day after sliding on the threat of an eventual rise in interest rates from new
central bank chief Janet Yellen, while in Moscow, Russian shares were down by an
average of 3% as investors calibrated the possible effects of thus-far limited
Western economic sanctions against Russian banks and individuals. The UX index
inched down by 0.2% to finish at 1004 points. Low-liquidity blue chips
UkrSotsBank and Avdyivka Coke lost 3.8% and 2.3% respectively, while Motor Sich
slipped 0.9% to UAH 1740. On the upside, volume leader UkrNafta edged higher by
0.2% on turnover of UAH 1.7mn and Raiffeisen Aval rose by 0.7% to 14.80 kopecks.
London-traded names were also mixed, with MHP adding 2.6% while Avangard and JKX
Oil&Gas declined by 1.6% and 2.4% respectively; the latter issue closed at
GBp 60.75.
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