The Ukrainian stock market lost ground on Friday (Jul 17) as the
summer holiday period left most domestic equities without any buyers. The UX
index fell 1.7% to close at 981 points, which is a 5-month low for the gauge.
Nine of the index basket’s 10 component names finished in the red. The exception
was DonbasEnergo (DOEN), which added 1.5% to UAH 20.65 per share. Heavyweights
Motor Sich (MSICH) and CentrEnergo (CEEN) lost 2.6% and 2.0% respectively with
the former closing at UAH 2618. Raiffeisen Aval (BAVL) edged down 0.5% to 8.80
kopecks. In London-listed Ukrainian stocks, Ferrexpo (FXPO) declined by 3.3% to
GBp 58.00 while MHP (MHPC) advanced 5.0% to USD 10.50 but remained in its
month-long sideways trend. Warsaw-listed Kernel (KER) failed to hold its gain
from the previous session, retreating by 1.2% to PLN 39.90.
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