Kyiv-listed stocks finished mixed on Tuesday (Nov 4) during a session
that lacked a particular driver for local market sentiments. The UX index
regained some early losses to close unchanged at 1091 points. Volume leader
UkrNafta (UNAF) added 0.9% on UAH 2.1mn in turnover. Alchevsk Steel (ALMK) and
Yenakievo Steel (ENMZ), both of which are located on separatist-occupied
territory in the Donbass, were the most notable movers, sliding by 2.4% and 4.1%
respectively, with the former ending at a miserable 2.39 kopecks and implying a
market capitalization for the huge enterprise of only about USD 45mn.
Second-division issue UkrSotsBank (USCB) shed 0.7%. In London, Ukrainian names
were also mixed, with Ferrexpo (FXPO) dropping 5.3% to GBp 81.1, while MHP (MHP)
picked up 1.4%. Warsaw-listed agro producer Agroton (AGT) tumbled 8.0% to PLN
1.85 after the company reported a write-down of USD 15mn due to the closure of
its poultry business in the pro-Russian separatist-controlled Lugansk province.
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