Kyiv-listed Ukrainian blue chips fell notably on Tuesday (Aug 5) as
concerns about the escalating war in the east of the country and the dire
humanitarian situation in the besieged city of Lugansk in particular weighed on
investors not just locally, but around the globe. The UX index lost 1.7%, all of
it in the last hour of trading, to close at 1293 points; the S&P 500 also
sold off by around 1% on worries about Russia’s military heavy troop presence on
the border bringing new tension to the crisis. Motor Sich and UkrNafta, the two
issues which have benefited the most from the recent run of buying, were the
day’s biggest losers, dropping by 3.2% and 4.8% to UAH 2607 and UAH 298
respectively. Raiffeisen Aval shed 1.8% and CentrEnergo lost 1.2% on turnover of
UAH 2.3mn. In London, JKX Oil&Gas rebounded off its all-time low set on
Monday, picking up 1.7%, and lower-liquidity issue Regal Petroleum rose 10.9%.
In Frankfurt, Mriya has plunged by more than 50% since announcing liquidity
problems late last week, and is now listed at EUR 2.05.
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