Locally-listed
Ukrainian equities started the new week generally higher on Monday (Oct 5) with
bullish external sentiments helping to lift stocks from their recent bottom. The
UX index edged up 0.2% to close at 882 points. CentrEnergo (CEEN) was a drag to
the benchmark, retreating 0.8% to UAH 5.50. Motor Sich (MSICH) added 0.8% to UAH
2397 and Yenakievo Steel (ENMZ) climbed 3.0% to UAH 17.16. In the second tier
issues, low-liquidity Yasynivsky Coke (YASK) tumbled 11% from its
previously-listed price to close at 23 kopecks. On the interbank currency
market, the hryvnia finished at bid/ask of 21.18/21.25 UAH/USD, essentially
unchanged against the dollar. In London trading, Ferrexpo (FXPO) advanced by
4.2% to GBp 37.25 after Deutsche Bank issued a BUY rating for the stock with a
wildly-inflated target price of GBp 140. Warsaw-listed Ukrainian agro stocks
were mixed yesterday, with Kernel (KER) declining 1.8% to PLN 44.10 while
Astarta (AST) edged up 0.7% after the company published its harvest report.
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