Following Monday’s large across-the-board drop, locally-listed blue
chips were mixed on Tuesday (Apr 15), even as the main European indices were
selling off heavily on worries that this week’s escalation of conflict in
Eastern Ukraine will lead to sanctions against Russia that will hurt the EU’s
economies. Meanwhile, US investors mostly ignored the Ukrainian crisis, with the
S&P 500 and DJIA rising by more than half a percent each. The UX index edged
down 0.5% to close at 1114 points. The day’s big mover was UkrNafta, which
slumped 6.5% on active turnover of UAH 8.3mn. Azovstal lost 2.7% to 71.90
kopecks, while on the upside, Avdyivka Coke and DonbasEnergo added 2.9% and 1.2%
respectively after suffering big losses on Monday. In London, Ferrexpo and MHP
were lower by 2.1% and 4.1% respectively, and Regal Petroleum slid 7.1% to a new
all-time low of GBp 9.75.
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