Ukrainian equity markets edged lower yesterday (Dec. 6) as global markets faced uncertainty. Following a first half slide, the UX exchange (-0.01%) made an about face and nearly crept back into positive territory. Total trading volume came in at a moderate UAH 120 mln. Index losses were meager thanks in part to significant gains in Ukrtelecom (UTLM +2.50%), Stirol (STIR +2.07) and Zakhidenergo (ZAEN +1.9%). Ilyich Iron and Steel Works (MMKI +1.61%) and Alchevsk Steel (ALMK+0.06%) managed to close in the black. Other metals and mining names corrected: AZST -1.66%, YASK -1.32%, ENMZ -1.13%, AVDK -0.16%. The remainder of blue chips took on slight losses of under one percent.
Ukrainian companies listed on international markets posted mixed results. JKX Oil & Gas (JKX LN +0.98%), Cadogan Petroleum (CAD LN +5.88%) and Regal Petroleum (RPT LN +1.64%) reversed to gains. Ferrexpo (FXPO LN -0.64%) and MHP (MHPC LI -0.16%) failed to breakeven. In Warsaw, Agroton (AGT PW +0.31%) kept climbing, Kernel (KER PW +1.52%) made a solid advance, and Astarta (AST PW) closed flat.
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