Ukrainian stocks shuffled through a day of directionless trading on
Thursday (Feb 13) but the local benchmark kept pace with the rally in the main
global indices thanks to gains by top liquid issue Motor Sich, which was up
another 2.3% to UAH 1925. The UX index added 0.6% to close at 928 points. Also
in positive territory were DonbasEnergo and Raiffeisen Aval with respective
appreciations of 1.0% and 0.6%. UkrNafta’s forward momentum paused, with the
issue finishing unchanged after having risen 47% since mid-January. On the
downside, Yenakievo Steel lost 1.1% to UAH 31.35. In London, Ferrexpo picked up
1.7% to GBp 168.5 and MHP was unchanged. Warsaw listed Ukrainian names were
mixed with Astarta (AST PW) declining 1.9% while Kernel (KER PW) added
2.2%.
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