Ukrainian equities were marginally lower on Wednesday (Aug 7) against a mostly
negative external backdrop that saw London’s FTSE and Japan’s Nikkei post
notable falls, while the S&P 500 slipped 0.4%. The UX index declined by the
same margin as the latter to finish at 880 points. Yenakievo Steel fell 1.0% to
UAH 34.60, while steelmakers Alchevsk and Azovstal both edged down by 0.7%.
CentrEnergo was unchanged on volume of UAH 2.3mn and DonbasEnergo inched up
0.3%. Outside the UX basket, long-suffering Stirol slumped 3.0% to another fresh
4-year low of UAH 9.76. In London, Ferrexpo shot up by 13.2% after posting
better-than-expected first-half revenue and EBITDA that caught the market by
surprise. Avangard also added 2.0%, while MHP slid 2.4% to USD 17.60.
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