Ukrainian
equities listed in Kyiv finished higher on Tuesday (Nov 24) as they continued a
moderate recovery after dropping sharply over the preceding two weeks. The UX
index added 1.3% to close at 723 points. Among 10 index components, 7 stocks
were in the black. Raiffeisen Aval (BAVL) added 2.3% to 7.55 kopecks and
DonbasEnergo (DOEN) picked up 3.0% to UAH 18.00. In the steel sector, Azovstal
(AZST) edged up 1.2% to close at 44 kopecks. On the interbank currency market,
the hryvnia strengthened by 0.6% to close at bid/ask of 23.80/23.90 UAH/USD. The
NBU again intervened on the market by selling hard currencies to support the
hryvnia. In London trading, Ferrexpo (FXPO) got hammered again, falling 7.9% to
GBp 26.25, while both MHP (MHPC) and Avangard (AVGR) were unchanged.
Warsaw-listed Kernel (KER) advanced 3.4% to PLN 47.55 ahead of release of the
company’s Jul-Sept’15 financial
results.
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