Again spearheaded by sharp gains in Basic Materials stocks, the Ukrainian Exchange posted a fresh record daily turnover – its third in four sessions – trading just over UAH 100mn (US$ 12.5mn) on Wednesday. Stirol (STIR UK) +10.0%, Alchevsk Steel (ALMK UK) +7.9%, Azovstal (AZST UK) +5.7%, and Avdiyivka Coke (AVDK UK) +4.7% surged, while banking blue chips Raiffeisen Aval (BAVL UK) and Bank Forum (FORM UK) saw weaker support, sliding 1.3% and 2.5%, respectively.

In Europe, most Ukrainian names ended the day in the green in-line with continental index growth, with the exception of Cadogan Petroleum (CAD LN), down 6.6%. In London, Bank of Georgia (BGEO LI) tracked 1.6% higher, while the day’s top performers were JKX Oil & Gas (JKX LN) +4.6, Astarta (AST PW) +4.0%, Sintal Agriculture (SNPS GR) +4.9%, and TMM Real Estate (TR61 GR) +3.7%.