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Analytics and Market news

Thursday, 12 September 2013

Eavex Ukraine Market Monitor: Sept 12

Eavex Capital
Locally-listed Ukrainian stocks were mixed on Wednesday (Sept 11), as top liquid issue Motor Sich continued to rally while several other blue chips were lower against a backdrop of cautious external sentiments ahead of next week’s Federal Reserve meeting. The UX index edged down 0.3% to close at 847 points. Motor Sich rose for a sixth straight session, gaining 1.6% to UAH 1715, and UkrNafta and Avdyivka Coke picked up 1.3% and 0.7% respectively. On the downside, CentrEnergo fell 1.5%, Alchevsk Steel shed 1.3%, and Raiffeisen Aval slipped 0.6% to 9.42 kopecks. Outside the UX basket, LuganskTeplovoz added 4.0% to UAH 1.55. In London, MHP and Avangard were up by 3.0% and 1.4% respectively, while Kernel jumped 3.1% to PLN 50.50 in Warsaw.


full report


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