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Analytics and Market news

Tuesday, 19 November 2013

Eavex Ukraine Market Monitor: Nov 19

Eavex Capital
Ukrainian stocks posted solid gains for a 4th consecutive session on Monday (Nov 18), following Germany’s seemingly unstoppable DAX, which appears to have its sights set on the 10,000 point barrier after a nearly uninterrupted rise over the past two months. In the US, the S&P 500 and DJIA retreated slightly from their record high levels after respectively testing the 1800 and 16,000 milestones intraday. The UX index appreciated by 1.3%, closing at 919 points. The rally was again led by Raiffeisen Aval (BAVL), which jumped another 4.6% to 11.80 kopecks; DonbasEnergo (DOEN) and Alchevsk Steel (ALMK) were up by 2.6% each, while Azovstal (AZST) broke the 70-kopeck barrier with a 1.4% pickup. Top liquid issues CentrEnergo (CEEN) and Motor Sich (MSICH) underperformed again, with both ending nearly unchanged. In Warsaw, cheese producer Milkiland (MLK PW) picked up 3.3% to PLN 12.70.

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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