The
Ukrainian stock market ended higher on Monday (Jan 12) as traders bet on a
positive outcome of the IMF standby program review. The UX index rose by 1.6% to
close at 1059 points, although it gave up some 30 additional points from its
intraday peak near 1090. UkrNafta (UNAF) advanced by 4.1% to UAH 216 per share
despite the deepening downward trend in global oil prices. CentrEnergo (CEEN)
and DonbasEnergo (DOEN) added 1.1% and 8.1% respectively with the latter closing
at UAH 34.90. Raiffeisen Aval (BAVL) underperformed the broader market inching
down by 0.1% as situation in the banking system remains difficult. In London,
JKX Oil&Gas (JKX) rose by 2,0% to GBp 12.50 after the company reported
successful test results from a well at its Elizavetovske field in Poltava
province. In Warsaw trading, Kernel (KER) jumped 7.4% to PLN 31.50 and Astarta
(AST) advanced 5.7% to PLN 26.40.
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