Kyiv-listed stocks were mostly lower on Tuesday (Apr 28), correcting
after four sessions of growth. The UX index declined by 0.8% to close at 1059
points. Trading volumes in all of the UX heavyweight components (with the
exception of CentrEnergo’s UAH 1.0mn) were well below their daily average
levels. Motor Sich (MSICH) shed 1.5% to close at UAH 2733 per share, and
UkrNafta (UNAF) retreated by 2.7% to UAH 260. Azovstal (ASZT) and CentrEnergo
(CEEN) both posted moderate gains of about half a percent each, with the latter
finishing at UAH 8.25. In London, Ferrexpo (FXPO) continued to rally on
rebounding iron ore prices, picking up 6.4% to GBp 79.25; the benchmark iron ore
price is now back at USD 60 per tonne after sinking below USD 50 in early March.
Warsaw-listed Kernel (KER) slipped another 1.2% to PLN 35.44, while Astarta
(AST) edged up 1.3% to PLN 24.30.
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