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Analytics and Market news

Friday, 31 October 2014

Eavex Ukraine Market Monitor: Oct 31

Eavex Capital

Ukraine’s stock market ended essentially unchanged on Thursday (Oct 30), with the UX index inching up by 0.1% to close at 1105 points. Investors digested a number of comments from Kyiv and Moscow officials regarding the latest round of gas talks in Brussels ahead of a temporary deal to get the sides through this winter. Among actively traded stocks, Azovstal (AZST) and Raiffeisen Aval (BAVL) shed 1.6% and 0.6% respectively, while UkrNafta (UNAF) added 1.6% to UAH 270 and Motor Sich (MSICH) climbed 1.1%. In second-division names, DniproEnergo (DNEN) declined further by 4.0% to just below UAH 700 correcting after rallying sharply over the past two months. In London, the main Ukrainian names finished notably lower. MHP (MHPC) fell 6.4% to USD 10.2, Ferrexpo (FXPO) lost 4.2% and JKX Oil&Gas (JKX) edged down by 0.3%. Warsaw-listed Kernel (KER) retreated by 2.9% after five sessions of growth, while Ovostar (OVO) gained 2.1% to close at PLN 73.50 per share.  

full report


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Please contact our office in Kyiv at 380-44-590-5454, or by email:
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Dmitry Churin, Head of Research, [email protected]




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