Kyiv-listed stocks finished mostly lower on Friday (Mar 13) as the
separatist situation in the east of the country brought new problems to UX blue
chip company DonbasEnergo, which saw its thermal power plant at Starobeshevo
taken over in a de-facto raider attack by the separatist authorities. The stock
plunged by 8.3% to UAH 27.10 per share on news that the DNR separatist
government plans to nationalize the plant. Overall, the 10-component UX index
dropped by 1.5% to close at 1073 points and end the week down by more than 3%.
Low-liquidity Alchevsk Steel (ALMK) and Yenakievo Steel (ENMZ), which are both
located on separatist-controlled territory, slid by 6.3% and 2.3% respectively.
Meanwhile, CentrEnergo (CEEN) rose by 1.5% to UAH 8.19 and Motor Sich (MSICH)
edged up 0.9% to UAH 2739. In London trading, Ferrexpo (FXPO) moved down 3.3% to
close at GBp 58.00. Warsaw-listed Kernel (KER) was flat at PLN 31.50.
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