Kyiv-listed stocks finished firmly higher on Thursday (Apr 2) as the
continued stable behavior of the hryvnia provided some optimism to market
players; the UAH/USD rate has been holding near 23.50 UAH/USD since early March.
The UX index added 1.2% to close at 1048 points. Azovstal (AZST) and UkrNafta
(UNAF) were growth drivers for the gauge, with both advancing by around 4% for
the day. CentrEnergo (CEEN) added 1.2% to return back above UAH 8 per share
after the government said it has raised household electricity tariffs by 50%
effective immediately. Raiffeisen Aval (BAVL) underperformed the broad market,
declining by 0.6% to 9.7 kopecks. In London, Avangard (AVGR) continued to slide
after the release of weak financial results for FY14, faling 5.0% to USD 2.60,
while Ferrexpo (FXPO) gained 2.9% after its 1Q operational release.
Warsaw-listed Kernel (KER) edged up 1.3% to PLN 38.70.
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