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Analytics and Market news

Tuesday, 19 August 2014

Eavex Ukraine Market Monitor: Aug 19

Eavex Capital
Ukrainian stocks listed in Kyiv ended mixed on Monday (Aug 18) despite investors were encouraged by hopes of some easing of tensions in the Donbass crisis. Foreign ministers from Ukraine, Russia, Germany, and France gathered in Berlin over the weekend to discuss talks for a ceasefire or a political solution, and Russia’s Foreign Ministry said on Monday that a “certain progress” was achieved during the talks. The UX index inched down by 0.1% to close at 1263 points. Actively traded UkrNafta and Raiffeisen Bank Aval added 1.8% and 0.9% respectively. Meanwhile the steel sector stocks demonstrated a drop amid new reports about infrastructure damages. Yenakievo Steel fell by 1.2%, Azovstal shed 1.1% and Avdyivka Coke plunged by 3.7%. In the second division, UkrTelecom increased by 1.0% to UAH 0.167 per share.  
On the currency market, UAH/USD traded at 13.10 - 13.20 yesterday while the NBU official hryvnia exchange rate was set at 13.07 against the dollar.


full report

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