Kyiv-listed stocks ended lower on Monday (Feb 9) despite a
substantial push upward early in the session. Investors were discouraged by the
apparent lack of immediate results from high level talks over weekend aimed to
stop the fighting in the Donbass, and skepticism about the announced meeting of
leaders of Germany, France, Russia and Ukraine in Minsk tomorrow, which is yet
to be confirmed. The UX index fell by 2.0% to close at 1034 points. UkrNafta
(UNAF) lost 4.6% partly due to the release of a disappointing production figures
for FY14. DonbasEnergo (DOEN) and CentrEnergo (CEEN) dropped by 4.9% and 2.2%
respectively, with the former closing below UAH 30 as the situation with coal
supplies to both companies’ power plants remains unclear. Volume leader Motor
Sich (MSICH) inched up 0.3% to UAH 2736. In London trading, Ferrexpo (FXPO)
advanced by 8.6% to approach the GBp 60 level, and JKX Oil&Gas (JKX)
remained in a local upward trend, rising 7.8% to GBp 31.00. Warsaw-listed Kernel
(KER) retreated by 1.6% to PLN 29.50.
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Please contact our office in Kyiv at 380-44-590-5454, or
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