Once again the Ukrainian indexes were slammed by poor showing of their global peers and stats from the U.S. The UX index dropped 5.06%, the PFTS index - 4.05%. Trading volumes were low on both bourses. The biggest losers on the UX were railcar maker Stakhanov Carriage (SVGZ, Buy, -10.98%), steel giant Alchevsk Steel (ALMK, Sell, -8.02%), GenCo Donbasenergo (DOEN, Buy, -6.37%), iron ore producer Northern GOK (SGOK, Buy, -6.31%), and coke producer Avdiyivka Coke (AVDK, u/r, -6.21%). With the U.S. and Asia down over night and a weekend ahead, we expect the Ukrainian indexes to continue descending on low volumes.
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