Kyiv-listed stocks were mostly higher on Friday (Oct 10),
moving opposite to the selloff on the major European bourses, which saw
Germany’s DAX bleed off 2.4% for the day to put the benchmark near bear market
territory; in New York, the S&P 500 sits more than 5% off its all-time high
reached on Sept 18. The UX index rose by 1.8% to close at 1070 points, thanks
mainly to UkrNafta (UNAF), which jumped 18% to UAH 357 after the company
announced a per-share dividend of UAH 70, thus acting as a locomotive for the
local market. Among other actively traded names for the session, Azovstal (AZST)
climbed by 0.9% while Motor Sich (MSICH) edged down by 0.6%. In the steel
sector, Yenakievo Steel (ENMZ) rose by 1.0% to UAH 25.50. In London, MHP (MHP)
sold off by 4.1% to USD 11.5 amid the wider negative European sentiments. Iron
ore producer Ferrexpo (FXPO) continued its slide to a fresh 5-year low near GBp
88 on a drop of 4.5%. Warsaw-listed Astarta (AST) tumbled by 4.3% and Kernel
(KER) shed 1.8%.
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