Ukrainian stocks
moved higher on Friday (Nov 22) in line with global equity markets in a
low-volume session that was little-affected by concerns over Ukraine’s future
strategic direction. In New York, the S&P 500 blasted through the 1800 point
barrier for the first time to set another new record high. The UX index finished
up by 1.1%, ending at 922 points, with no blue chips reaching the UAH 1mn mark
in turnover. DonbasEnergo was the biggest gainer, rallying by 3.0% to UAH 27.65,
while Azovstal and CentrEnergo picked up 2.3% and 1.5% respectively. Raiffeisen
Aval saw some profit-taking after appreciating sharply over the last two weeks,
slipping 1.5%. Outside the UX basket, Krukiv Wagon - likely to benefit from a
suspension in EU integration policy - jumped by 3.7%, while in London, Avangard,
which hopes to expand its egg sales to the EU, sold off by 4.0% to USD 11.90.
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