Kyiv-listed equities resumed their pre-holiday rally on Wednesday
(Apr 29) after a single session of correction, with the UX index adding 2.4% to
1085 points. Market players seemed to be in a hurry to close up their short
positions ahead of the upcoming 4-day weekend. All 10 UX index components
finished in the black. UkrNafta (UNAF) was the growth leader among actively
traded names, advancing by 5.2% to UAH 274 per share. Raiffeisen Aval (BAVL)
finally climbed back above 10 kopecks, picking up 3.2% for the day. In the steel
sector, Azovstal (AZST) and Avdyivka Coke (AVDK) gained 2.8% each. London listed
MHP (MHPC) appreciated by 1.8% to close at USD 11.40 after the company announced
an FY14 dividend of 47.4 cents per share. Ferrexpo (FXPO) climbed 0.9% to GBp
80.00 after a solid rise a day earlier. Warsaw-listed Kernel (KER) continued to
edge lower, declining by 1.4% to PLN 34.94.
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Please contact our office in Kyiv at 380-44-590-5454, or
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