Local Ukrainian stocks were higher across the board on Friday (Apr
4), a day that saw the main US and European indices move in opposite directions
after solid US jobs numbers caused concerns that the Federal Reserve could pare
its monetary stimulus and raise interest rates sooner than expected. The UX
index gained 1.6% to end the week at 1082 points. DonbasEnergo (DOEN) led the
rally, adding 3.0% to above UAH 42, while Yenakievo Steel (ENMZ) picked up 2.0%
and volume leader CentrEnergo (CEEN) rose 1.8% on turnover of UAH 4.6mn. The
other top liquid issues, Motor Sich (MSICH) and Raiffeisen Aval (BAVL),
appreciated by 1.2% and 1.7% respectively. Second-division name Krukiv Wagon
(KVBZ) was a loser on the day, falling 3.4% to UAH 16.50. In London, Ferrexpo
(FXPO), which has risen moderately but continuously over the past two weeks from
a bottom of GBp 140, edged up another 1.4% to GBp 162, and JKX Oil&Gas (JKX)
added 1.6%.
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