Market Comment
Ukrainian equity markets wavered between gains and losses on Tuesday (Nov.9). The UX exchange closed 0.69% higher on a high trading volume of UAH 150 mln. Zakhidenergo (ZAEN -7.48%) dragged the index lower, but solid gains in Centrenergo (CEEN +2.82%) and Ukrsotsbank (USCB +3.48%) shares offset losses. Most metals and mining stocks closed stronger: ALMK +1.56%, AZST +0.37%, YASK +0.90%. Motor Sich (MSICH +0.85%), Ukrnafta (UNAF +1.18%) and Ukrtelecom(UTLM +0.81%) followed suit. Avdiyivka Coke (AVDK -0.20%), Reiffesen Bank Aval (BAVL -0.40%) and Enakievo Steel (ENMZ -0.50%) posted slim losses.
Ukrainian stocks listed on the London Stock Exchange traded higher. JKX Oil & Gas (JKX LN) set the pace, soaring 4.35%. Cadogan Petroleum (CAD LN) added 1.27%, Ferrexpo (FXPO LN) advanced 1.78% and MHP (MHPC LI) gained 0.69%. In Warsaw, new Agroton (AGT PW) shares jumped 5.76%, Astarta (AST PW) climbed 1.15%, while Kernel (KER PW) slid 2.05%.
Fixed Income: Ferrexpo to renew Eurobonds offering
Fixed Income: FUIB receives bondholders consent for merger
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Wednesday, November 10, 2010
Daily Market Brief
Labels: Alternative Investments
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