Volatile trading was observed on Ukrainian equity markets yesterday (Nov. 30). The UX exchange chartered a downward trajectory in the first half of the session, but recovered losses in the second half to close 0.39% higher. Total trading volume remained high and reached UAH 167 mln. Ukrnafta (UNAF) was the stock of the day, adding to its succession of gains by posting a rise of 4.42%. Only a few other names closed in positive territory including Zakhidenergo (ZAEN +0.94%) and Ukrsotsbank (USCB +0.11%). With the exception of Yasynivka Coke (YASK +0.29%) and Alchevsk Steel (ALMK +0.12%), metals and mining stocks extended losses: AZST-0.23%, ENMZ -0.84%, AVDK -0.72%. Ukrtelecom (UTLM -1.83%) continued to lose ground. Other top names mirrored the general downward trend: BAVL -1.11%, CEEN -0.5%.
Among Ukrainian stocks listed on international markets, JKX Oil & Gas (JKX LN +0.16%) closed in the black, while Cadogan Petroleum (CAD LN -1.19%) reversed to losses, and investors continued to fix profits on Regal Petroleum (-7.35%). Ferrexpo (FXPO LN) traded in the red, losing 2.07%. The trend was reversed for agriculture and food processing stocks. Only Agroton lost in price (AGT PW -0.63%), while MHP (MHPC LI +1.38%) and Astarta (AST PW +2.95%) posted solid gains, and Kernel (KER PW +6.35%.) soared.
Metals and Mining: Spot prices for iron ore return to April’s highs
