Kyiv-listed blue chips were higher on Thursday (Jul 10), moving
opposite to European shares, which sold off on new concerns about the debt
situation in EU peripheral countries. The UX index added 2.1% to close at 1252
points, driven by a 6.1% jump in CentrEnergo to UAH 7.95, the issue’s highest
hryvnia-denominated level since before the local market’s pre-Euro 2012 crash in
May of that year. DonbasEnergo and UkrNafta gained 2.7% and 2.2% respectively,
and Azovstal rose 1.8% to 80 kopecks on the nose. Motor Sich lagged the index
but still edged up 0.6%, while a flat finish made Raiffeisen Aval the day’s
worst performer. In Warsaw, most Ukrainian issues were lower. Sugar major
Astarta declined by 3.3% and egg producer Ovostar lost 4.0% to near PLN 67,
while in London, MHP was down by 1.9%, ending at USD 15.
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