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Analytics and Market news

Monday, 4 November 2013

Eavex Ukraine Market Monitor: Nov 4

Eavex Capital
Ukrainian stocks were mixed in a rather drab session to end the week on Friday (Nov 1) against an external backdrop of largely flat European shares. The UX index edged down 0.6% to close at 862 points. Raiffeisen Aval (BAVL) lost 2.1% and Avdyivka Coke (AVDK) shed 1.9%, ending at UAH 3.11. On the upside, DonbasEnergo (DOEN) gained 1.3%, trading above UAH 25 intraday on above-average volume of UAH 2.9mn, and UkrSotsBank (USCB) picked up 0.6%. Outside the UX basket, Krukiv Wagon (KVBZ) added 1.2% to reclaim the UAH 18 level. In London, Ferrexpo (FXPO LN) was higher by 1.3%, while MHP (MHPC LI) slipped 2.2% to USD 15.50 on what appeared to be a single trade for the day. Among Warsaw-listed names, car battery maker Westa (WES PW) edged up 1.4% to PLN 0.72, while KSG Agro (KSG PW) was lower by the same increment.


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