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Analytics and Market news

Friday, 27 December 2013

Eavex Ukraine Market Monitor: Dec 26

Eavex Capital
Ukraine’s local equity benchmark ended a 5-session run of declines on Thursday (Dec 26) after the main Asian indices in Tokyo and Hong Kong had finished up by 1% each; most European bourses were shut, while in the US, the S&P 500 and DJIA were edging further into record-high territory on modest gains. The UX index picked up 0.8%, ending at 891 points. Top liquid issues CentrEnergo (CEEN) and Motor Sich (MSICH) rose by 2.0% and 0.6% respectively on combined turnover of UAH 2.1mn, and Azovstal (AZST) added 1.7%, albeit on negligible volume. Alchevsk Steel (ALMK) continued to slide, dropping another 0.8% to 3.81 kopecks, which is just above the stock’s post-2009 low. Outside the UX basket, Metinvest-controlled iron ore miner Centralny GOK (CGOK) appreciated by 3.2%, registering a last deal at UAH 6.49.

full report

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