Locally-listed Ukrainian stocks retreated on Thursday (May 7) as an
absence of any strong drivers in the market discouraged traders from taking long
positions. The rather inactive session finished with a 0.7% decline in the UX
index to 1070 points. Among the 10 index components, only Azovstal (AZST) and
Alchevsk Steel (ALMK) were in the black, rising by 0.4% and 1.8% respectively.
Meanwhile, CentrEnergo (CEEN) and DonbasEnergo (DOEN) both inched down by 0.2%
while Raiffeisen Aval (BAVL) fell 1.2% to 9.76 kopecks per share. London-listed
Ferrexpo (FXPO) slid 2.6% to GBp 75.00 as it continued to correct after touching
a 5-month high near GBp 80 last week, while MHP (MHPC) picked up 1.7% to end at
USD 11.70. Warsaw-listed Ukrainian names were generally higher on Thursday with
Astarta (AST) and Kernel (KER) adding 0.9% and 0.3% respectively; Ovostar (OVO)
also gained 1.3%, closing at PLN 75.50.
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