Equity
Ukrainian stocks ended mixed on Friday (May 31), outperforming the main European and Asian indices as well as Wall Street, where equities suffered a heavy-late day selloff to close out what was nonetheless a very bullish month. The UX index was unchanged for the day at 867 points. CentrEnergo was the most notable decliner, shedding 1.0% to UAH 4.49, while on the upside, Yenakievo Steel and UkrNafta each added 1.4%. Raiffeisen Aval led the exchange in turnover with a paltry UAH 1.3mn in deals, and edged down 0.2% to 10.54 kopecks. In London, Ferrexpo remained within the GBp 170-175 band for an 8th consecutive session, slipping 2.4%. Avangard added 4.9% to USD 9.65 and JKX Oil & Gas edged up 1.2% amid intriguing news that management is trying to bar the company’s largest shareholder, Privat-affiliated Eclairs Group, from next week’s annual meeting. In Warsaw, top liquid issue Kernel fell 4.0% after acknowledging a net loss for the Jan-Mar quarter.
Fixed Income
Ukrainian sovereign Eurobonds were mixed on Friday. Ukraine-23s declined by 0.2p.p. closing at 97.3/98.2 (7.9%/7.8%) and Ukraine-17s inched up by 0.1p.p. to 99.0/99.8 (7.0%/6.8%). Corporate names were mostly flat with a few visible exceptions. DTEK-18s slid by 0.4p.p. to 99.3/99.9 (8.1%/7.9%)and Avangard-15s improved by 0.8p.p. to 102.8/103.7 (8.8%/8.3%).
Приложения к материалу:
