Kyiv-listed stocks ended higher on Wednesday (Jun 10), with the UX
index climbing 0.4% to end at 1021 points. The major news that continues to
encourage traders is the IMF’s position on keeping bailout cash flowing to
Ukraine even if the country stops payments to bondholders. Parliament passed a
law last month allowing it to impose a moratorium on debt payments as
restructuring talks with creditors have stalled. Among the 10 UX index
components, the largest rise of 3.3% was registered in low-liquidity Avdyivka
Coke (AVDK), while CentrEnergo (CEEN) and UkrNafta (UNAF) gained 0.3% and 1.1%
respectively. In the financial sector, Raiffeisen Aval (BAVL) added 0.7% but
remains near its narrow trading range around 9 kopecks per share. London-listed
Ferrexpo (FXPO) advanced by 2.0% to GBp 76.75 amid a general rally on European
bourses. In Warsaw trading Kernel (KER) and Astarta (AST) were both marginally
lower by less than half a percent.
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our research products.
Please contact our office in Kyiv at 380-44-590-5454,
or by email:
Alexander Klymchuk, Head of Sales,
[email protected]
Dmitry
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