Locally-listed
Ukrainian stocks were mixed on Tuesday (May 20), with the UX index flatlining
for much of the day before ending up two tenths of a percent at 1120 points. The
most notable mover was power generation blue chip CentrEnergo, which added 2.1%
to UAH 6.33. Also closing higher were volume leaders Motor Sich and
DonbasEnergo, which edged up by about half a percent each on combined turnover
of UAH 4.0mn. On the downside, Raiffeisen Aval and Metinvest-controlled
Yenakievo Steel fell 1.7% and 1.3% respectively; most other blue chips,
including UkrNafta and Azovstal, were little-changed. Outside the UX basket,
another Metinvest steel mill, Mariupol-based MMK Illicha, fell 7% from its
previously listed price to 13.65 kopecks. In London, Ferrexpo slid another 2.5%
to GBp 133 as it approaches its post-2009 low on slumping iron ore spot prices
in China that have fallen below USD 100 per tonne.
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