Kyiv-listed
stocks retreated on Wednesday (Aug 12) after two sessions of technical rebound.
Anticipated news from head-to-head talks in San Francisco between the government
and creditors did not appear before the local market close; overnight, it
emerged that talks are set to continue into a second day on Thursday. The UX
index shed 0.3% to close at 980 points. CentrEnergo (CEEN) and Raiffeisen Aval
(BAVL) declined by 0.9% and 0.7% respectively on thin turnover. On the interbank
currency market, the hryvnia strengthened by 30 kopecks to 21.35 UAH/USD. In
London, MHPC (MHP) was unchanged at USD 9.05 while sporadically-traded Regal
Petroleum (RPT) jumped 22% to GBp 5.50 from its last listed price. Warsaw-listed
Milkiland (MLK) fell 3.4% to PLN 1.15 and Industrial Milk Company (IMC) lost
2.9%, closing at PLN 5 on the nose.
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