Ukrainian stocks listed in Kyiv finished higher on Monday (Jul 13)
despite a controversial news flow throughout the day related to the weekend
shootout that took place near the city of Mukachevo in Transcarpathia province.
The government responded to rumors that the fight started due to a dispute over
profits from the cross-border cigarette smuggling business by suspending the
head of the local customs control agency. The UX index rose by 0.9% to close at
1007 points. Sporadically-traded, war-zone based issue Alchevsk Steel (ALMK) was
the only UX component to close in the red, slipping 0.8% to 1.28 kopecks.
Meanwhile, UkrNafta (UNAF) advanced by 3.1% on a report by business magazine
Forbes that UK citizen Mark Rollins, currently a top executive at Kazakhstan’s
BG Group, is the front-runner for the company’s CEO position. Raiffeisen Aval
(BAVL), CentrEnergo (CEEN) and Motor Sich (MSICH) all ended unchanged. In London
trading, Ferrexpo (FXPO) jumped 6.8% to GBp 62.75, supported by the overall
positive trend on European bourses after the latest Greek bailout announcement.
Warsaw-listed Kernel (KER) edged up 0.8% to PLN 38.80. full reportEavex Capital welcomes any questions or comments you may have regarding our
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Please contact our office in Kyiv at 380-44-590-5454, or
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