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Analytics and Market news

Monday, 29 December 2014

Eavex Ukraine Market Monitor: Dec 29

Eavex Capital

The UX index failed to defend the 1000 point mark during Friday’s (Dec 26) session, edging down by 0.5% to end the week at 995 points. The gauge spent most of the trading session in positive territory but lost ground in the last hour as a result of a sell-off in low- liquidity blue chips. Avdyivka Coke (AVDK), which is located on the front line of the Ukrainian-controlled part of Donetsk province, shrank by 6.5% to UAH 1.72 per share. Freight railcar producer Krukiv Wagon (KVBZ) fell 3.1% to UAH 11.20. Meanwhile, volume leader Motor Sich (MSICH) added 1.7% to UAH 2382 and DonbasEnergo (DOEN) inched up 0.3% to UAH 32.00. In second-tier stocks, UkrTelecom (UTLM) leapt by 21% from its previous listed price to end the session at 15.20 kopecks. Ukrainian names listed in London and Warsaw were untraded, as all the major European bourses were shut for Christmas.

full report


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