Ukrainian equities listed in Kyiv were little-changed on Thursday
(Aug 13) as no details emerged from debt restructuring talks in the United
States between the Finance Ministry and a creditor group led by Franklin
Templeton; the talks have entered a third day as rumors circulate that the sides
remain far apart on the figure for a principal write-down on Ukraine’s
sovereigns. The country’s next Eurobond coupon payment is due on Aug 23 in the
amount of USD 60mn. The UX index edged down 0.4% to close at 976 points. Volume
leader Motor Sich (MSICH) climbed 0.6% to UAH 2692 per share while CentrEnergo
(CEEN) and UkrNafta (UNAF) were lower by 0.4% and 1.6% respectively. On the
interbank currency market, the hryvnia continued its choppy trading in the range
of 21.30-21.70 UAH/USD. London-listed Ferrexpo (FXPO) rose by 4.4% to GBp 65.75
amid an overall rebound on European bourses. In Warsaw trading, Kernel (KER)
added 1.6% to PLN 45.10 and Astarta (AST) edged up 1.0% to PLN
34.35.
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