Kyiv-listed stocks ended lower on Tuesday (Jan 26) as trading
activity on the local market remained subdued. However, market players received
the positive news that the attempt of the National Securities and Stock Market
Commission (NSEC) to revoke the Ukrainian Exchange’s license was nullified by
the government. The UX index shed 1.0% yesterday to close at 652 points. Among
blue chips, UkrNafta (UNAF) suffered a 4.7% loss to UAH 160 per share on news
that the government suspended three of the company’s production licences over
the ongoing tax debt dispute. CentrEnergo (CEEN) was also firmly in the red,
falling 2.3% to UAH 4.39. On the upside, sporadically traded Alchevsk Steel
(ALMK) surged by 37.5% from its previous listed price to 1.65 kopecks. In London
trading, Ferrexpo (FXPO) declined by 4.5% to GBp 15.75 while MHP (MHPC) rose
3.0% to USD 7.91. Warsaw-listed Astarta (AST) edged down 0.6% to PLN 28.65.
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