Local Ukrainian stocks were mostly higher on Tuesday (Aug 19) in line
with gains in the main European and US indices, with news that President
Poroshenko will hold meetings with both German Chancellor Merkel and Russian
President Putin in the coming days providing some support to investor sentiment.
Germany’s DAX gained 1% and the UX index picked up 0.8%, closing at 1273 points.
Volume leader Motor Sich added 1.8% on turnover of UAH 4.7mn, and CentrEnergo
and UkrNafta rose by 1.3% and 1.1% respectively, with the former ending at UAH
8.11. In London, JKX Oil&Gas continued to rebound from its all-time low of
GBp 34 hit earlier this month, edging higher by 1.2% to GBp 44.50, while in
Frankfurt, beaten-down Mriya moved up by 2.0% to EUR 1.53.
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