Ukraine’s domestic stock market was higher on Friday (Oct 2) as risk
appetite returned to traders amid a strengthening hryvnia and some signs that
the country’s economy is finally starting to recover. The UX index rose 1.0% to
close at 880 points. Beaten-down CentrEnergo (CEEN) added the most points to the
gauge, advancing by 2.3% to UAH 5.64. In the steel sector, Azovstal (AZST)
gained 3.3% to end at 76 kopecks while Avdyivka Coke (AVDK) edged down 0.7%. On
the interbank currency market, the hryvnia closed at 21.15 UAH/USD, implying a
3.2% rise against the dollar over the week. In London trading, Ukrainian stocks
rose notably, with MHP (MHPC) adding 7.2% to USD 9.40 and Avangard (AVGR)
jumping 12.9% to 90 cents per share. Warsaw-listed Kernel (KER) inched down to
PLN 44.90 while Astarta (AST) picked up 0.6% to PLN 27.45.
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