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Analytics and Market news

Friday, 18 April 2014

Eavex Ukraine Market Monitor: Apr 18

Eavex Capital
Kyiv-listed equities were mixed on Thursday (Apr 17) as the main global indices continued what has been a fairly good week, especially in the US, with investors responding to dovish comments from Federal Reserve chief Janet Yellen. More locally, the US, EU, Russia and Ukraine signed a rather unconvincing diplomatic agreement on the crisis in Eastern Ukraine that calls for all sides to refrain from violence and end illegal occupations of public buildings and squares. The UX index edged up 0.6% to end at 1093 points. Avdyivka Coke wrote another chapter in its recent history of sharp 1-day price swings that have taken it more or less nowhere, this time slumping 7.3% to UAH 2.92. Other losers were Motor Sich and Azovstal, which declined by 2.3% and 1.5% respectively. On the upside, CentrEnergo, DonbasEnergo, and UkrNafta all finished higher by more than 2%. In London, MHP fell to a fresh 1-year closing low of  USD 12.00, while Ferrexpo was unchanged near GBp 150.



full report


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