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Analytics and Market news

Monday, 21 July 2014

Eavex Ukraine Market Monitor: Jul 21

Eavex Capital

Kyiv-listed Ukrainian stocks ended mixed on Friday (Jul 18). Motor Sich and CentrEnergo were in the black, rising by 0.7% and 1.6% respectively. Meanwhile, UkrNafta dropped by 1.0% and low-liquidity  Yenakievo Steel, which is located in a city controlled by pro-Russian separatists, lost 3.5%. The UX index inched up by 0.3% to close at 1228 points. In the second division of local names, Bogdan Motors advanced by 4.6% while Khartsysk Pipe lost 3.0%. In London, both Ferrexpo and MHP fell by 2.0% amid ongoing negative news flow regarding the situation in eastern Ukraine. Warsaw-listed Ukrainian stocks were also under pressure, with Astarta dropping by 3.7% and Ovostar declining by 1.4%.

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