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Analytics and Market news

Thursday, 5 September 2013

Eavex Ukraine Market Monitor: Sept 5

Eavex Capital
Ukrainian equities ended a 6-session losing streak on Wednesday (Sept 4), rebounding moderately after a run of selling that saw the main benchmark decline by more than 4% from a week ago. Global markets were mixed, with the major US indices solidly higher while London and Frankfurt were nearly flat. The UX index gained 0.7% to close at 830 points. CentrEnergo (CEEN) picked up 1.8% to UAH 5.05, while beaten-down Motor Sich (MSICH) and Yenakievo Steel (ENMZ) added 1.3% and 1.2% respectively. On the downside, financial blue chips Raiffeisen Aval (BAVL) and UkrSotsBank (USCB) both slipped by half a percent. In second-tier names, Krukiv Wagon (KVBZ) regained 2.1% to UAH 21.20 after sliding sharply in recent days on lowered FY13 production guidance, while Yasynivsky Coke (YASK) fell 3.4%. In London, Ferrexpo (FXPO), Avangard (AVGR), and Regal Petroleum (RPT) ended lower by 1.6%, 2.9%, and 4.8% respectively.


full report


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Please contact our office in Kyiv at 380-44-590-5454, or by email:

Alexander Klymchuk, Head of Sales, [email protected]
Dmitry Churin, Head of Research, [email protected]



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