EAVEX Weekly
February 11, 2016
Kyiv-listed stocks finished lower on Wednesday (Feb 10), weighed down by a tough but expected statement from IMF Managing Director Christine Lagarde that lending to Ukraine will remain under question without a substantial effort to fight corruption inside the governing power structures. The UX index declined by 0.8%, finishing at 620 points. Azovstal (AZST) was once again the worst performing blue chip, sliding 4.0% to 28.70 kopecks. Among other losers, Yenakievo Steel (ENMZ) dropped 1.8% to UAH 12.77 per share.