Kyiv-listed
Ukrainian stocks ended mixed on Thursday (Sept 4) as media reports during the
trading day suggested little progress in de-escalation of the Ukraine-Russia
crisis. The Kremlin once again underscored its opposition to NATO membership for
Ukraine after Prime Minister Arseniy Yatseniuk said he wants the country to join
the alliance as soon as possible. The UX index inched down by 0.2% to close at
1177 points. The biggest hit on the benchmark came at the hands of UkrNafta
(UNAF UK), which lost 3.8% after news that the company has postponed its general
shareholder meeting scheduled for Sept 11 until at least next month. Meanwhile,
quotes for CentrEnergo (CEEN UK) and Raiffeisen Aval (BAVL UK) rose by 0.4% and
2.3% respectively. Avdyivka Coke (AVDK UK) fell 2.0% to UAH 2.70 per share on
reported turnover of UAH 1.2mn. Krukiv Wagon (KVBZ UK), which will replace the
morbidly illiquid UkrSotsBank (USCB UK) in the UX index basket later this month,
edged down by 0.4%. In London, MHP (MHPC LI) finished unchanged at USD 12.00,
while Avangard (AVGR LI) picked up 0.5% to USD 8.40.
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