Market Comment
21 June 2010
Trading on the local market was very slow on Friday, with only US$4.3M of total turnover – the UX index managed a meagre gain of 0.8% to close at 2061.57; Most active names were Centerenergo (CEEN UK) up 0.8% to UAH 14.96 on US$545k volume, Unicredit/Ukrsotsbank (USCB UK) gained 1.35% to UAH 0.5706 on US$473k and Raffeissen Bank Aval (BAVL UK) closed down 0.45% to UAH 0.4385 on US$381k; Noteworthy outperformers were Zakhidenergo (ZAEN UK) rising 2.4%, Zaporishstal (ZPST UK) rising 8.4% and Khartsyzsky Tube (HRTR UK) rising 5.4%...all on light volumes; On the week, despite slow summer volumes, the UX index gained 6.8%.








