Comments and pre-market: Eavex Ukraine Market Monitor: Nov 27

Analytics and Market news

Wednesday, 27 November 2013

Eavex Ukraine Market Monitor: Nov 27

Eavex Capital

Most Ukrainian blue chips finished lower on Tuesday (Nov 26) on profit -taking from the two previous strong sessions amid flat external sentiments. The UX index edged down 0.4% to close at 935 points. The ongoing bullish investor outlook on Raiffeisen Aval (BAVL), which pressed higher by 2.5%, kept the benchmark from a more substantial drop. DonbasEnergo (DOEN) and Azovstal (AZST), which have also rallied notably in the last two weeks, corrected by 1.5% and 1.1% respectively. Volume leader Motor Sich (MSICH) moved down by 0.7% on turnover of UAH 2.75mn and UkrNafta (UNAF) slipped 0.8% to UAH 111. In Warsaw, Kernel (KER PW) and Agroton (AGT PW) fell by 2.1% and 1.7% respectively, with the latter ending at PLN 2.18, while Ferrexpo (FXPO LN) slipped by 1.6% in London to near GBp 172.

full report

◄ Back to previous page