Kyiv-listed
Ukrainian stocks finished mixed on Tuesday (Apr 29). The UX index lost 0.8%,
dragged down by a plunge of 9.5% in DonbasEnergo, which corrected to reflect the
expiration of the ex-rights date for its FY13 dividend of UAH 6.74 per share.
Among other blue-chips ending in the red, UkrNafta and Motor Sich edged down by
0.9% and 0.6% respectively. Meanwhile, CentrEnergo and Alchevsk Steel
demonstrated solid gains of 2.3% and 1.6% respectively. In the second division,
UkrTelecom lost 3.8% after the company reported a 4.3x drop in its net profit to
UAH 139mn for FY13. In London trading, Ukrainian agro names MHP and Avangard
rose by 0.6% and 2.2% respectively. In Warsaw sugar producer Astarta slipped
1.3% to PLN 39.30. Today the main theme for Ukrainian financial markets is a
scheduled meeting of the IMF board, which is expected to approve a USD 16.8bn
aid program for the country.
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