Ukrainian
equities were lower on Wednesday (Mar 18) after separatist leaders in Eastern
Ukraine complained about the bill passed by Ukraine’s Parliament on Donbass
autonomy, saying it could lead them to quit the month-old Minsk ceasefire deal.
The DNR and LNR are upset that Parliament’s bill requires “elections held under
Ukrainian law” to take place before the autonomy can come into effect. The UX
index lost 0.8% to close at 1079 points. Azovstal (AZST) and Yenakievo Steel
(ENMZ) declined by 1.0% and 2.9% respectively, while CentrEnergo (CEEN) added
1.5% to close at UAH 8.19 per share. London-listed Ukrainian names were broadly
lower, with Ferrexpo (FXPO) dropping 3.7% to GBp 58.00 and MHP (MHPC) edging
down 0.9%. In Warsaw trading, sugar producer Astarta (AST) fell 3.3%, ending at
PLN 23.200.
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