Most Ukrainian blue chips listed in Kyiv were lower in light activity
on Monday (Jul 14) following last week’s outstanding local market performance.
In Europe, Germany’s World Cup victory apparently lifted the mood of traders on
the DAX, which added more than 1% despite the lack of an obvious positive
driver. The UX index edged down 0.4% to close at 1252 points. Among the the
major UX liquid names, DonbasEnergo and UkrNafta were the notable movers,
declining by 1.9% and 1.0% respectively, with the former ending at UAH 38.70.
Motor Sich and CentrEnergo were both essentially unchanged on combined turnover
of UAH 5.9mn, while low liquidity issues Yenakievo Steel and UkrSotsBank saved
the index from a larger drop with rises of 0.8% each. In London, Ferrexpo picked
up 1.4% to GBp 142, while MHP sold off by 2.7% ahead of its trading update
release this morning.
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