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Analytics and Market news

Friday, 27 June 2014

Eavex Ukraine Market Monitor: Jun 27

Eavex Capital
Kyiv-listed equities were mixed in Thursday (Jun 26) trading as the main European indices remained on track for a second consecutive weekly loss. In Eastern Ukraine, the situation looks uncertain ahead of the expiration tonight of President Poroshenko’s week-long ceasefire, as European leaders are set to meet today to discuss a response to Russia’s apparent refusal thus far to tighten its border with Ukraine to stem the flow of fighters and weaponry to the region. The UX index inched up by 0.1% to finish at 1234 points. It was a solid session for Motor Sich, which added 2.7% to UAH 2444 on above-average volume of UAH 10.3mn, while two other top liquid names, Raiffeisen Aval and CentrEnergo, picked up 0.6% each. On the downside, UkrNafta and DonbasEnergo both declined by 1.5%, and lower-liquidity issues Avdyivka Coke and UkrSotsBank weighed on the benchmark with losses in the range of 2%. Outside the UX basket, Lugansk-based Stakhanov Wagon saw its busiest day of trading in several months, slipping 1.8% to UAH 1.15. In London, Ferrexpo was up 3.3% to just below GBp 130, while other top Ukrainian names were unchanged.

full report


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Please contact our office in Kyiv at 380-44-590-5454, or by email:

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