Locally-listed Ukrainian stocks ended slightly higher on Tuesday (Jun 30) despite a notable drop in the first half of the session. The UX index inched up by 0.15% to close 1026 points. Azovstal (AZST) was the only blue chip loser, declining by 0.8%. In actively traded names, Motor SIch (MSICH) edged up half a percent to UAH 2817 and UkrNafta (UNAF) gained 1.0%, with the two issues combining for UAH 2.2mn in turnover. Outside the UX basket, Pivnichny GOK (SGOK) fell 2.1% to UAH 6.85. In London trading, Ferrexpo (FXPO) retreated by 1.1% to near GBp 67. Warsaw-listed Astarta (AST) leapt 11% to close at PLN 30 on the nose, while the more liquid Kernel (KER) shed 0.5% to end at PLN 38.20.
Fixed Income
Most Ukrainian sovereign Eurobond issues were moderately lower on Tuesday, with Ukraine-23s slipping 0.4p.p. to 53.3/54.3 (19.9%/19.1%). Corporate names were sluggish. MHP-20s edged down by 0.3p.p. to 79.5/81.5 (14.3%/13.7%) and Ferrexpo-19s finished unchanged at 85.0/87.0 (15.8%/15.0%).
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