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Analytics and Market news

Monday, 1 April 2013

Eavex Ukraine Market Monitor: Apr 1

Eavex Capital
Ukrainian stocks were mostly lower on Friday (Mar 29) in a session devoid of external drivers due to the closure of US and European bourses ahead of Easter. The UX index lost 1.3% to close at 902 points, dragged down by volume leader Motor Sich (MSICH), which bore the brunt of the selling and slid 3.6% on turnover of UAH 10.3mn, and national flagship oil company UkrNafta (UNAF) shed 3.5%. CentrEnergo also took a body blow, dropping 2.0% to UAH 5.45, while the other top liquid names fared better, with Avdyivka Coke (AVDK) edging down by 0.6% and Raiffeisen Aval (BAVL) and Azovstal (AZST) posting respective gains of 1.1% and 0.8%. In second-tier issues, it was a good day for volatile Pivnichny GOK (SGOK), which added 3.5% to UAH 9 on the nose, while Stirol (STIR) moved down 1.5% and Stakhanov Wagon (SVGZ) lost 3.2% to UAH 1.50 on low volume.

As noted, markets in London and Warsaw were closed on Friday.
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