Volatile trading characterized Ukrainian equity markets Tuesday (Feb 8). The UX exchange surged at the opening bell, slid throughout the middle portion of the session, only to inch up near the close to finish with a meager gain of +0.07%. Trading volume remained high at UAH 248 mln. Ukrnafta (UNAF +2.81%) made a valiant upward pull on the index. Banking names (USCB +1.3%, BAVL +1.29%) showed a significant rise in price. Motor Sich (MSICH +0.75%) was another liquid stock that managed to close in positive territory. The most notable losses were taken on by Ukrtelecom (UTLM -2.94%) and Azovstal (AZST -2.65%). Investors fixed profits on coke producers: AVDK -1.62%, YASK -1.32%. Other blue chips closed with losses under one percent.
After the previous session’s uplift, results for Ukrainian companies listed on international markets came in generally weak. Having resumed trading in London, Regal Petroleum (RPT LN +0.68%) posted an insignificant advance, while JKX Oil & Gas (JKX LN -1.86%) faded, and Cadogan Petroleum (CAD LN -4.29%) corrected sharply. Ferrexpo (FXPO LN -1.32%) and MHP (MHPC LI -1.54%) also ended the day in the red. In Warsaw, Kernel (KER PW -1.28%) took a dip, Agroton (AGT PW -0.12%) shed a bit, but Astarta (AST PW +3.76%) displayed a striking charge.
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