Kyiv-listed
stocks were lower on Thursday (Oct 2), retreating after two trading session of
growth. Negative external sentiments, with heavy losses of 2% and more in the
main European indices on concerns about the ECB’s reluctance to cut its main
interest rate, were also among the reasons for traders to take pause. The UX
index slipped by 0.7% to close at 1090 points. All 10 blue chips except for
low-liquidity Krukiv Wagon (KVBZ, unchanged) ended in the red. The steel sector
names which had rallied a day earlier gave back much of their gains, with volume
leader Azovstal (AZST, UAH 1.1mn in deals) and Yenakievo Steel (ENMZ) falling by
3.3% and 2.8% respectively. CentrEnergo (CEEN) and DonbasEnergo (DOEN) both saw
marginal declines of less than 0.3%. In London, JKX Oil&Gas (JKX) added a
solid 5.3%, while Ferrexpo (FXPO) slid dangerously close to psychological
1-pound level, losing another 3.6% to close at GBp 101. Warsaw-listed Ukrainian
stocks were mixed in light activity, with Kernel (KER) rising 0.7% and Astarta
(AST) decreasing by 0.7%.
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Please contact our office in Kyiv at 380-44-590-5454, or
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