Kyiv-listed stocks finished mixed on Tuesday (Jun 16) after the
previous session’s firm rise. The UX index edged up 0.5% to close at 1028
points, which is an encouraging sign from a chart point of view. Based on
technical indicators, we expect that the gauge will be able to climb back above
the 1100 level in the next couple of weeks. In actively traded names, UkrNafta
(UNAF) added 0.3% to close at UAH 279 per share while Motor Sich (MSICH)
corrected by 0.7% to UAH 2761. Low-liquidity Krukiv Wagon (KVBZ) gained 5.9% to
UAH 10.85 after big losses seen on Friday. London-listed Ukrainian stocks were
also mixed, with Ferrexpo (FXPO) shedding 1.4% to GBp 70.00 while Regal
Petroleum (RPT) surged 9.9% to GBp 5.50 from its previously listed price. In
Warsaw trading, Kernel (KER) picked up 1.0% finishing at PLN 38.25 and Agroton
(AGT) jumped by 16.7% to PLN 1.19 to reclaim some of this year’s steady
decline.
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