Locally-listed
Ukrainian blue chips were rather volatile on Monday (Dec 16), with the market
ending mixed as the DAX rallied furiously in Frankfurt following a string of
losses last week ahead of tomorrow’s Federal Reserve meeting. The S&P 500
also ended its 5-session run of declines with a more moderate pickup of around
0.7%. The UX index inched up by 0.3% to 893 points. Azovstal rose by 4.1% to
71.60 kopecks and the erratic UkrSotsBank jumped by 9.5%, while Avdyivka Coke
rebounded by 1.6% from a 12-month closing low registered on Friday. On the
downside, CentrEnergo sold off by 3.0% to UAH 4.72, UkrNafta lost 2.4%, and
volume leader Motor Sich slipped 1.6% on turnover of UAH 6.3mn. In London, it
was another relatively quiet day for Ukrainian names; low-liquidity issue Regal
Petroleum added 3.5% to GBp 14.75 and Ferrexpo edged higher by
0.9%.
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