Kyiv-listed
stocks were lower across the board on Thursday (Jun 4) after President
Poroshenko said there is a threat of the resumption of large-scale hostilities
by combined Russian-separatist forces in Eastern Ukraine. The UX index slumped
3.1% to close at 988 points, with all 10 index components ending in the red. In
the most actively traded issues, Motor Sich (MSICH) lost 2.0% and CentrEnergo
(CEEN) shed 1.6%. Quotes for Alchevsk Steel (ALMK) and Yenakievo Steel (ENMZ),
which are both located in on separatist-controlled territory, tumbled by 4.9%
and 6.3% respectively on low turnover, with the former finishing at 1.35
kopecks. Raiffeisen Aval (BAVL) slipped below 9 kopecks, declining 3.7% for the
session. In London, Ferrexpo (FXPO) retreated by 3.5% after to failing to climb
above the GBp 80 level and MHP (MHPC) lost 2.7% to at USD 10.75. The Warsaw
Stock Exchange was closed for a local holiday.
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