Kyiv-listed Ukrainian stocks declined on Tuesday (May 27) correcting after notable gains demonstrated a day earlier on optimism that the new elected president would find ways to calm unrest in the eastern regions of Donetsk and Lugansk. The UX index shed 1.0% to close at 1218 points. The steel sector led the decline with Azovstal (AZST UK) and Alchevsk Steel (ALMK UK) losing 2.2% and 3.7% respectively. Meanwhile heavyweight Motor Sich (MSICH UK) added 0.4%. In London trading Ukrainian poultry producer MHP (MHPC LI) climbed 0.4% and iron ore exported Ferrexpo (FXPO LN) inching down 0.1%. Warsaw-listed grain trader and sunflower oil producer Kernel (KER PW) decreased by 2.8% while sugar maker Astarta (AST PW) advanced 4.3%.
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