Kyiv-listed stocks remained mixed on Wednesday (Feb 11) amid
uncertainty about whether the summit-level negotiations in Minsk would bring a
deal for a cease-fire in Eastern Ukraine. The UX index edged up by 0.5% to close
at 1041 points. Marioupol-based steelmaker Azovstal (AZST) added the most points
to the gauge, advancing by 4.4% to near 76 kopecks per share. Raiffeisen Aval
(BAVL) gained 1.7% to 9.50 kopecks, bouncing back after its selloff a day
earlier. Electricity stocks underperformed the broad market, with CentrEnergo
(CEEN) and DonbasEnergo (DOEN) both retreating by about 1.0%. Outside the UX
basket, DniproEnergo (DNEN) plunged by 12.8% to UAH 510, while
sporadically-traded bridge construction company Mostobud (MTBD) rose 9.4% to
close at UAH 11.60. In London, Ferrexpo (FXPO) picked up 2.9% to GBp 62.25,
while Warsaw-listed names were moderately higher, with Kernel (KER) and Astarta
(AST) climbing by 0.2% and 1.8% respectively.
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