Volatile trading was observed on Ukrainian equity markets Wednesday (Nov. 17). The UX exchange opened lower, but recovered early losses in a second half rally to close 1.25% higher. Trading volume was above average at UAH 140 mln. Alchevsk Steel (ALMK +3.36%), Motor Sich (MSICH +3.33%) and Ukrnafta (UNAF +3.95%) contributed most to the index’s growth. Coke producers (AVDK +0.33%, YASK +0.75%) reversed to gains, while banks (BAVL -0.58%, USCB -1.02%) and steel makers (AZST -0.19%, ENMZ -0.52%) extended losses. GenCos showed mixed dynamics: Centerenergo (CEEN) inched up 0.12%; Zakhidenergo (ZAEN) slid 1.87%.
Among Ukrainian stocks listed on international markets, oil and gas names closed flat (JKX LN +0.17%, CAD LN unch, RPT LN unch). Other London-listed stocks posted solid gains: FXPO LN +3.49%, MHPC LI +1.23%. In Warsaw, agriculture and food processing stocks sank with Kernel (KER PW -4.92%) suffering the most significant blow, and Agroton (AGT PW -2.62%) and Astarta (AST PW -1.6%) also taking a dive.
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