Monday, August 9, 2010
Ukrainian stocks listed on international markets closed mixed Friday. Regal (RPT LN) was among the worst performers, losing 2.21%. JKX Oil & Gas also declined (JKX LN -0.55%), while Cadogan (CAD LN) finished unchanged. Among food processing stocks, Kernel (KER PW) edged up 2.33%, Astarta (AST PW) dropped 0.48% and MHP (MHPC LI) closed flat. Ferrexpo (FXPO LN) advanced 2.33% on the back of impressive financials posted for 1H2010.
Trading activity was slow on the Ukrainian Eurobond market Friday, with just slight demand recorded at the end of the session. Sovereigns closed half a point stronger on the long end on low volumes. In the corporate
sector, Metinvest and DTEK finished marginally up, while MHPSA slid.
The Russian sovereign benchmark skyrocketed at the end of the trading day to close 1 p.p. higher. In the banking sector, VEB, SBER and VTB all finished stronger. Among other corporate names, Lukoil, VIP and RAIL added in price on solid demand.