Ukrainian stocks
declined on Tuesday (Dec 23) as news that a railway bridge in the city of
Mariupol in Donetsk province was damaged by an explosion brought nervous on the
market. Police were treating the incident as an act of terrorism from pro-Russia
separatists. As a results of the accident a train service in the direction of
the seaport has been suspended. The UX index fell by 1.6% to close at 997
points. Blue chip Azovstal (AZST) and Avdyivka Coke (AVDK) which both located
in Donetsk province were under pressure dropping 3.7% and 5.1% respectively. In
the most actively traded local stocks, Motor Sich (MSICH) remained unchanged at
UAH 2300 per share while UkrNafta (UNAF) and CentrEnergo (CEEN) lost 2.1% and
2.4% respectively. In London trading major Ukrainian names ended mixed with MHP
(MHPC) retreating by 2.7% to USD 9.15 while Ferrexpo (FXPO) regaining 2.5% to
close at GBp 51.75. Warsaw-listed Kernel (KER) and Agroton (AGT) finished in the
red decreasing by 2.1% and 4.8% respectively with the later closed at PLN
1.19.
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]