Ukrainian stocks
listed in Kyiv were hit by another correction on Friday (Jun 19) amid investor
skepticism regarding the country’s ability to improve the business climate in
the short term, as political intrigue and populism is heating up ahead of this
autumn’s local elections. The UX index lost 1.7% to end at 1007 points. Among
the 10 stocks in the UX basket, only DonbasEnergo (DOEN) ended in the black
rising by 2.8% to UAH 22.00. Active issues Motor Sich (MSICH) and UkrNafta
(UNAF) both shed 1.2%, while lower-liquidity Azovstal (AZST) dropped by 3.0%. In
London, Ferrexpo (FXPO) rallied in the final hour of trading to jump 5.7% to GBp
69.50, while Regal Petroleum (RPT) slid 13.0% GBp 4.03. Warsaw-listed Astarta
(AST) gained 1.8% to PLN 29.00 and Kernel (KER) edged up 0.3% to PLN
37.90.
full reportEavex Capital welcomes any questions or comments you may have regarding 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
Churin, Head of Research, [email protected]
