Ukraine’s local stock market was unable to rebound for a second straight session on Thursday (Sept 11), sliding in the afternoon on concerns regarding the country’s energy security. Deputy Prime Minister Volodymir Groysman estimated the country’s likely shortfalls of coal and natural gas at 5.0mn tonnes and 5.0bn cubic meters respectively for the upcoming winter season. The UX index dropped by 1.0% to close at 1111 points. CentrEnergo (CEEN UK) lost 2.4% after the company acknowledged that is has suspended production at one of its three power plants due to lack of coal. Meanwhile, DonbasEnergo (DOEN UK) was unaffected by its peer’s troubles, closing essentially unchanged. Volume leader UkrNafta (UNAF UK) shed 1.7% to UAH 315 on turnover of UAH 3.6mn. London-listed MHP (MHPC LI) edged up 0.8% to USD 12.00 while Ferrexpo (FXPO LN) lost 2.4%. In Warsaw, Ukrainian stocks were lower across the board with Astarta (AST PW) retreating by 4.1%, Kernel (KER PW) falling 2.7%, and Agroton (AGT PW) losing 2.3%. In Frankfurt, Mriya (MAYA GR) was down 4.7% to EUR 1.81.
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