Kyiv-listed
stocks finished lower on Tuesday (Oct 13) ahead of Wednesday’s new “Defenders of
Ukraine” state holiday. The UX index shed 0.5%, closing at 844 points. The
market remains in a downward trend and it is hard to say what factor could lift
the index in the short term. Among 10 blue chips, only Raiffeisen Avak (BAVL)
was in the black, rising 5.0% to 8.30 kopecks per share. Index heavyweight Motor
Sich (MSICH) lost 0.7% to close at UAH 2147 and CentrEnergo (CEEN) slipped 0.5%
to UAH 5.45. On the interbank currency market, the hryvnia was steady at UAH
21.75 UAH/USD. In London trading on Wednesday (Oct 14), Ferrexpo (FXPO) was
unchanged near GBp 40 while MHP (MHPC) edged up 1.6% to USD 9.45. Warsaw-listed,
Lugansk-based crop grower Agroton (AGT) picked up 1.2% to PLN 1.22, while Kernel
(KER) ended at PLN 52.65 (a bit below its 2-year high touched on Tuesday) after
a report from Cascade Investment Fund that it has crossed the threshold of a 5%
stake in the company.
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