Ukrainian blue
chips were mixed on Friday (Aug 8), with the local UX benchmark ending unchanged
at 1266 points, while Germany’s DAX fell for an eighth straight session and
closed barely above the 9000 level on worries about the effect of Russia
sanctions on the Eurozone economy. The two most active issues, UkrNafta and
Motor Sich, moved in starkly opposite directions, with the former gaining 4.4%
and the latter losing 3.7% to UAH 2414, bringing its decline for the week to
near 13%. Two other top names, Raiffeisen Aval and CentrEnergo, both ended flat.
Outside the UX basket, LuganskTeplovoz fell heavily by 27% to UAH 1.05; the
company’s operations are stopped due to the Donbass war. In London, it was a
nasty day for low-liquidity Regal Petroleum, which fell 13.4% to a new all-time
low of GBp 5.63, and MHP was down 4.0% to USD 12.00. In Warsaw, Kernel shot up
by 5.5% while Astarta slid 4.6%.
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