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Analytics and Market news

Tuesday, 9 July 2013

Eavex Ukraine Market Monitor: Jul 9

Eavex Capital
Ukrainian stocks ended lower on Monday (Jul 8) after a late-session wave of selling, while the S&P 500 rallied for a third consecutive day on a stready trickle of encouraging US economic data. The UX index fell 0.8% to close at 850 points. Raiffeisen Aval (BAVL) was the only blue chip to see a large loss, dropping 3.0% to 9.56 kopecks. Motor Sich (MSICH) and DonbasEnergo (DOEN) ended unchanged, while Avdyivka Coke (AVDK) slipped 0.9% on volume of UAH 700,000. Outside the UX basket, there was some activity in DniproEnergo (DNEN), which fell 3.1% to UAH 170.
In London, Ferrexpo (FXPO LN) and Regal Petroleum (RPT LN) posted respective gains of 1.8% and 2.8%, while MHP (MHPC LI) shed 2.3% to USD 17.10. In Warsaw, coal names Sadovaya Group (SGR PW) and Coal Energy (CLE PW) both lost more than 4%, while sugar producer Astarta (AST PW) picked up 2.4% to PLN 63.50.
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