Ukrainian stock begin recovery from Russian trade torpedo - Business - News - Ukraine Business Online:
"Concorde Capital provides analysis of yesterday’s trading of Ukrainian stocks in its daily market comment:
“Ukrainian equities have more-or-less shaken off Russia trade concerns for the time being and have fell in line with the European markets on Thursday, August 22. The WIG Ukraine Index of Warsaw-traded stocks slid 0.1%, pulled down by sugar producer Astarta (AST PW -1.6%). Yet there were more gainers: car battery maker WESTA (WES PW +5.1%), dairy producer Milkiland (MLK PW +3.3%) and the most actively traded shares of grain trader Kernel (KER PW +1.3%), which has improved 3.9% in two sessions. In London, shares of iron ore miner Ferrexpo (FXPO LN) surged 5.0% along with other mining companies on strong Chinese purchasing managers’ figures. Poultry producer MHP (MHPC LI -0.3%) has slid 8.9% in six straight losing sessions since the trade conflict emerged with the Customs Union. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks increased 0.3%, led by electricity producer Donbasenergo (DOEN UK +1.2%). The Ukrainian Exchange will be closed on Monday, August 26 for a national holiday.”"
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