Kyiv-listed
stocks were broadly lower on Thursday (Oct 16) as the local market caught up
with this week’s negative global sentiments. Local macroeconomic statistics
showing a retail sales decrease by 10.9% YoY in September also disappointed
market players. The UX index fell by 1.1% to 1121 points despite posting a
substantial gain in the first half of the trading session. Heavyweight Motor
Sich (MSICH), which accounts for 21% of the index, edged down by 0.4% on
turnover of UAH 2.6mn. Azovstal (AZST) had the worst performance among the steel
sector names, falling 2.5% to 69.70 kopecks per share. In second-tier names,
DTEK-controlled power generators DniproEnergo (DNEN) and ZakhidEnergo (ZAEN)
both surged by around 6% without any notable driver. In London, iron ore
producer Ferrexpo (FXPO) remained in a downward trend, losing 2.4% to GBp 85.0,
while MHP (MHPC) edged up half a percent. Among Warsaw-listed stocks, Kernel
(KER) tumbled by 4.4% to another fresh 5-year low near PLN 22, and Ovostar (OVO)
shed 1.5%.
full reportEavex Capital welcomes any questions or comments you may have regarding our
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Please contact our office in Kyiv at 380-44-590-5454, or
by email:
Alexander Klymchuk, Head of Sales,
[email protected]
Dmitry
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