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Analytics and Market news

Monday, 1 September 2014

Eavex Ukraine Market Monitor: Sept 1

Eavex Capital

Kyiv listed Ukrainian stocks finished mixed on Friday (Aug 29) after a sharp fall seen during previous trading session on reports of Russian aggression at Ukraine’s south-eastern boarder. The UX index rose by 0.5% recovering just small part of 6.2% loss registered on Thursday (Aug 28). Among actively traded stocks, Motor Sich (MSICH UK) added 1.4% and CentrEnergo (CEEN UK) climbed by 0.8%. Meanwhile DonbasEnergo (DOEN UK) lost 0.6% to close at UAH 35.0 per share and Alchevsk Steel (ALMK UK) slid 0.9% on a very light volume. Quotes for UX Futures contracts expiring on Sept 15 declined by 0.3% to 1212 points. In London trading MHP (MHPC LI) declined 0.4% to USD 11.7 while Avangard (AVGR LI) surged 4.8% after publishing its financial results for 2Q14. Warsaw listed Kernel (KER PW) fell 4.6% to PLN 25.8 per share.     

full report

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