The rebound was on for Ukrainian equity markets yesterday (Mar. 16). Following a weeklong skid the UX exchange returned to positive territory with a 1.6% advance. Equity trading volume was moderate at UAH 200 mln. The resurgence was led by volume leaders Motor Sich (MSICH +1.87%) and Ukrnafta (UNAF +2.99%). GenCos (CEEN +1.48%, DOEN +1.64%, ZAEN +3.53%) were among the session’s top gainers. With the exception of Yasynivka Coke (YASK -0.41%), metals and mining stocks (ALMK +0.8%, AZST +1.23%, ENMZ +1.39%) gained ground. Banks (BAVL +1.07%, USCB +1.81%), Ukrtelecom (UTLM +0.93%) and Stirol (STIR +2.38%) fell in line with the general advance.
In London, Ukrainian oil and gas stocks reported mixed results: Cadogan Petroleum (CAD LN +3.36%) and Regal Petroleum (RPT LN +1.27%) won back most of the previous session’s losses, while JKX Oil & Gas (JKX LN -2.01%) continued to fade. Ferrexpo (FXPO LN +0.96%) inched into the black, and MHP (MHPC LI -2.78%) suffered a notable decline. In Warsaw, Agroton (AGT PW +0.82%) and Astarta (AST PW +1.9%) ended on a positive note, while Kernel (KER PW -1.78%) slid
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