Ukrainian equity markets fell sharply Thursday (Feb 11) on the back of selling pressure on international markets. The UX exchange dropped 2.49% by the end of the day. Trading volume on the equity market reached UAH 280 mln. Stocks tumbled by several percentage points across the board, with the most significant losses coming in for metals and mining names (ALMK -4.8%, YASK -4.06%, ENMZ -4%, AZST -3.51%, AVDK -3.39%). Among less dramatic losers were Motor Sich (MSICH -2.6%) and Zakhidenergo (ZAEN -1.65%). The only liquid stock to manage an advance was Ukrnafta (UNAF +0.66%).
In London Regal Petroleum (RPT LN -1.33%) and JKX Oil & Gas (JKX LN -0.86%) slid, while Cadogan Petroleum (CAD LN) closed flat. Both Ferrexpo (FXPO LN -1.71%) and MHP (MHPC LI -2.6%) took significant hits. In Warsaw, Agroton (AGT PW -3.18%) posted a dramatic decline, Kernel (KER PW -2.9%) crumbled, and Astarta (AST PW) ended the session flat.
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