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Analytics and Market news

Wednesday, 20 November 2013

Eavex Ukraine Market Monitor: Nov 20

Eavex Capital
Ukrainian stocks saw their 5-session winning streak end on Tuesday (Nov 19), as strong gains in the morning evaporated after lunch as no progress was observed in Parliament on the Yulia Tymoshenko question. External sentiments also provided no support, with the main US and European indices behaving sluggishly after weeks of setting new all-time highs. The UX index slipped 0.4% to close at 915 points. Avdyivka Coke (AVDK) and Yenakievo Steel (ENMZ) were the biggest decliners, dropping by 2.0% and 1.8% respectively, while CentrEnergo (CEEN) and Alchevsk Steel (ALMK) were both down 0.9% and Azovstal (AZST) gave back all of a 4.5% intraday rise to end unchanged. Raiffeisen Aval (BAVL) extended its positive run to 7 sessions with a gain of 0.9%. Outside the UX basket, it was a rough day for Khartsysk Pipe (HRTR), which posted a last trade at 45 kopecks, a drop of 18% from its previously-listed price. In London, MHP (MHPC LI) moved up by 2.6% to USD 16.60.


full report


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