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Analytics and Market news

Tuesday, 1 October 2013

Eavex Ukraine Market Monitor: Oct 1

Eavex Capital
Ukrainian stocks finished marginally lower on Monday (Sept 30) despite having been up by nearly 2% intraday, as negative external sentiments over an apparent political crisis in Italy and a budgetary showdown between the US President and Congress exacted their toll on equity markets around the globe. The UX index edged down 0.3% to close at 847 points. However, there were a couple of bright spots in Alchevsk Steel and Raiffeisen Aval, which posted respective solid gains of 3.6% and 2.1%, and Motor Sich added 0.8% on turnover of UAH 9.6mn. The main negative impetus to the index came from UkrSotsBank, which moved back down to 17.20 kopecks after a fluke last trade at 21 kopecks on Friday afternoon. Outside the UX basket, Krukiv Wagon regained some of the territory it lost last week, rising 1.6% to UAH 19.35.

In London, MHP picked up 2.2% to USD 15.85, while Ferrexpo and Regal Petroleum were down by 1.0% and 5.3% respectively. 

full report

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

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Dmitry Churin, Head of Research, [email protected]




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