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Analytics and Market news

Monday, 12 May 2014

Eavex Ukraine Market Monitor: May 12

Eavex Capital

Kyiv-listed stocks finished marginally higher on Thursday (May 8), with the UX index climbing by 0.4% to close at 1102 points. Among actively traded names, UkrNafta (UNAF UK) and CentrEnergo (CCEN UK) rose by 2.1% and 1.6% respectively, while Raiffeisen Aval (BAVL UK) shed 0.8%. Outside the UX basket, Gorlovka-based fertilizer producer Stirol (STIR UK) tumbled 11.5% after news that the company has shut down its operations for security reasons, in a decision related to the ongoing violence in Donetsk oblast. In London, poultry producer MHP (MHPC LI) inched up by 0.2% on Friday after jumping 7% the previous day, while Avangard (AVGR LI) dropped by 3.1% to end at USD 8.57.

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