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Analytics and Market news

Tuesday, 7 October 2014

Eavex Ukraine Market Monitor: Oct 7

Eavex Capital

Ukrainian stocks, both local and foreign-listed, saw only minimal changes on Monday (Oct 6) despite generally positive sentiments on global financial markets. News that consumer inflation in Ukraine was very high in September at 2.9% MoM provided a certain drag on the UX index, which inched down by 0.1% to close at 1074 points. Volume leader Ukrnafta (UNAF) slipped half a percent on turnover of UAH 3.5mn, with traders ignoring the closure of the shareholders register for the upcoming general shareholders meeting scheduled for Oct 10. Motor Sich (MSICH) declined by 0.7% after failing to get over its local resistance level of UAH 2230, while CentrEnergo (CEEN) added 0.5% to UAH 7.32. In London trading, JKX Oil&Gas (JKX) finished flat at GBp 51 and Ferrexpo (FXPO) edged up half a percent. It was a similar story in Warsaw, where top dogs Kernel (KER) and Astarta (AST) were essentially 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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