Ukrainian equities finished higher on Friday (Feb 19), spurred by
strong earnings results from machinery bellwether Motor Sich, whose stock added
3.0% to UAH 1791. Overall, the UX index picked up 0.8% to close at 633 points.
Nine out of 10 index components were in the black. Raiffeisen Aval (BAVL) and
Krukiv Wagon (KVBZ) gained 0.6% and 2.6% respectively, with the latter ending at
UAH 8.26. On the downside, sporadically traded Alchevsk Steel (ALMK) slipped
1.5% to 1.28 kopecks. On the interbank currency market, the hryvnia failed to
stabilize, giving back all of its 2.5% appreciation from the previous day and
closing at bid/ask of 26.90/27.00 UAH/USD. In London trading, Ferrexpo (FXPO)
fell 2.4% to GBp 20.50 while MHP (MHPC) climbed 1.2% to USD 7.60 per share.
Warsaw-listed Agroton (AGT) dropped 2.0% to PLN 0.97 and Milkiland (MLK) lost
2.8%, ending at PLN 1.41.
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