Ukrainian stocks
continued their slide on Friday (Mar 27), with UX index losing another 1.9% to
1007 points, the third straight session of losses for the gauge. Heavyweight
Motor Sich (MSICH) took the biggest bite out of the benchmark, tumbling 5.1% to
UAH 2506 per share. UkrNafta (UNAF) found support at the UAH 300 level, limiting
its loss to 0.4% for the session. Raiffeisen Aval (BAVL) bounced back by 2.6%
after its sharp drop from a day earlier. In London trading, Ferrexpo (FXPO)
picked up 2.9% to GBp 61.75 while Regal Petroleum (RPT) slumped 5.6% to GBp
4.25. Warsaw-listed Milkiland (MLK) slid 7.7% to PLN 2.30 after the company
reported weak preliminary financial results for FY14, and Kernel (KER) corrected
by 1.1% to PLN 35.00.
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