Kyiv-listed
stocks continued to consolidate around the UX benchmark level of 1050 points on
Friday (Jan 16). Although there was no negative news during the trading session,
market players did not find any convincing arguments to open long positions, and
the UX index retreated 0.3% for the day. UkrNafta (UNAF) shed 0.6% to close at
UAH 244 per share despite encouraging comments from Prime Minister Arseniy
Yatseniuk that his government plans to replace the company’s management. In
electricity generation blue chips, CentrEnergo (CEEN) and DonbasEnergo (DOEN)
climbed by 0.3% and 2.2% respectively. In London, iron ore producer Ferrexpo
(FXPO) gained 4.7% to GBp 55.50 and independent natural gas extractor Regal
Petroleum (RPT) jumped 16.8% to GBp 4.32. Warsaw-listed Kernel (KER) slid 5.4%
to PLN 30.20 while Agroton (AGT) edged higher by 0.8% to PLN
1.31.
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