Kyiv-listed stocks ended mostly in the black on Friday (Oct 31) with
the announcement of the latest gas deal between Kyiv and Moscow providing a
basis for a rally in beaten-down local equities. However, the local benchmark
pared its intraday gain of more than 2%, ending higher by a modest 0.8% at 1114
points. Azovstal (AZST) made the largest contribution to the gauge’s growth,
advancing by 4.2%, and Motor Sich picked up 0.9% to UAH 2287. Volume leader
UkrNafta (UNAF) added 2.1% on turnover of UAH 3.3mn. Meanwhile, Raiffeisen Aval
(BAVL) and CentrEnergo (CEEN) edged lower by 0.2% and 0.6% respectively. In
second-tier names, UkrTelecom (UTLM) sold off by 9.8% to 18 kopecks. In London,
MHP (MHPC) ended a lengthy run of declines by rebounding 3.9% to USD 10.65,
while Ferrexpo (FXPO) lost 2.0% to GBp 84.20. Warsaw-listed Ukrainian names were
broadly higher, with Kernel (KER) and Ovostar (OVO) gaining 3.0% and 1.9%
respectively.
full reportEavex Capital welcomes any questions or comments you may have regarding our
research products.
Please contact our office in Kyiv at 380-44-590-5454, or
by email:
Alexander Klymchuk, Head of Sales,
[email protected]
Dmitry
Churin, Head of Research, [email protected]
