Locally-listed
Ukrainian stocks ended generally lower on Monday (Apr 6) amid sharp
disagreements within the government regarding the fair price for
domestically-extracted coal, which led to more questions about the transparency
of the country’s electricity system. The UX index declined by 0.8% to close at
1036 points. The top traded utility issues, CentrEnergo (CEEN) and DonbasEnergo
(DOEN), edged down by 0.6% each to UAH 8.01 and UAH 22.35 respectively, while
volume leader Motor Sich (MSICH) added 0.6% on turnover of UAH 2.8mn. In the
steel sector, Azovstal (AZST) shed 1.0% to close at 80 kopecks per share, and
Yenakievo Steel (ENMZ) was unchanged at UAH 18.35. In second tier names,
DniproEnergo (DNEN) retreated by 5.5% to UAH 523. Trading in London and Warsaw
was again shut as both the UK and Poland were observing a 4-day Easter weekend.
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