The UX index finally closed back the above 1000 level on Wednesday
(Dec 3), snapping a sideways trend that had lasted for more two weeks following
the big Donbass war-related drop seen in mid-November. The gauge rose by 1.0% to
reach 1008 points, as it appeared that most of the new Cabinet of Ministers
appointments were cheered by investors. Among the most actively traded local
names, Motor Sich (MSICH) rose by 1.6% to UAH 2177 per share, CentrEnergo (CEEN)
added 1.9% to UAH 7.69, and UkrNafta (UNAF) slipped 0.5% to UAH 218. In
lower-liquidity blue chips, Yenakievo Steel (ENMZ) jumped 6.3% and Krukiv Wagon
(KVBZ) advanced by 1.8%. Outside the UX basket, Yasynivsky Coke (YASK) surged by
6.4% to 35 kopecks. In London trading, JKX Oil&Gas suffered through a third
straight disastrous session, plunging all the way to GBp 14.50 on a 15% plunge.
Agro names were under pressure across the board, with MHP (MHPC) sliding 8.2% to
USD 10.05 and Avangard (AVGR) down 3.1% to USD 4.65. Warsaw-listed Kernel (KER)
retreated by 2.3% and Astarta (AST) tumbled 7.8% to PLN 19.00.
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