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Analytics and Market news

Monday, 18 November 2013

Eavex Ukraine Market Monitor: Nov 18

Eavex Capital
Ukrainian stocks benefited from continuing bullish sentiments in global risk assets on Friday (Nov 15), posting a third straight day of solid gains as the S&P 500, DJI, and DAX equity indices pressed further into record high territory on expectations of open-ended central bank stimulus policies. The UX index added 0.8% to close at 907 points. Raiffeisen Aval (BAVL) was the front-runner again, adding 2.1% amid persistent rumors that Vienna-based Raiffeisen International is trying to sell the unit, and DonbasEnergo (DOEN) picked up 1.5% to UAH 25.95. Volume leader Motor Sich (MSICH) rose in line with the UX index on turnover of UAH 6.1mn, while Azovstal (AZST) faced resistance at the 70-kopeck level that limited its gain to 0.2%. In London, top liquid name Ferrexpo (FXPO LN) was the most active Ukrainian issue, edging down 1.5% to near GBp 183.


Eavex Capital welcomes any questions or comments you may have regarding our research products.
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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