Kyiv-listed stocks finished mixed on Tuesday (Mar 24), with the UX
index inching up by 0.3% to 1054 points. News that Ukraine needs to reach
agreement with its creditors on a debt restructuring by mid-June, as this is a
deadline before first revision of the new IMF aid program, created a certain
nervousness in the market. Among actively traded stocks, UkrNafta (UNAF) and
Motor Sich (MSICH) each shed around half a percent. Low-liquidity blue chip
Yenakievo Steel (ENMZ) advanced by 4.8% to UAH 17.80 on news that the company is
resuming production after one month disruption caused by logistics problems in
the war zone in the east of the country. Beaten-down DonbasEnergo (DOEN) added
4.5% to UAH 22.62 thanks to information about a potential buy-back offer at UAH
23.00 per share. In London trading, Ferrexpo (FXPO) added 3.4% to near GBp 61
and Regal Petroleum (RPT) jumped 10% to GBp 5.00. Warsaw-listed Kernel (KER)
slid 5.0% to PLN 36.30 on more profit taking after a surge last week.
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