>Market brief

On Monday, Sep 1, Ukrainian stock market spent most part of the day in the red yet staged a reversal in the last hours responding to the good manufacturing data from the US and China. Eventually the UX index closed 0.79% up, or 15.66 ppt, to 1995.19 ppt. Total equity turnover was UAH 80.3mn. All sectors finished with gain. Miners and still makers added 2.7% and 1.5% respectively while other sectors were only marginally higher. Among individual names AVDK, up 0.42%, and USCB, up 0.86%, topped the turnovers posting UAH 10.0mn and UAH 8.8mn. ZAEN significantly outperformed the market going up 15.0% on the UAH 0.5mn. PGOK and SGOK have kept firm positions adding 2.82% and 2.67% for several last days. There was no activity around LTPL which grew mechanically by 1.0% waiting for the Transmashholding decision on its privatization matter. On the foreign exchanges the top gainers included JKX and Kulczyk Oil going up 4.5% and 2.8% with the former on the highest turnover of $ 2.8mn. Landkom demonstrated the weakest dynamics dropping 3.4% on $ 0.8mn.