Kyiv-listed
stocks started the new year in the black during the lone trading session of the
long January local holiday period, which was held on Tuesday (Jan 6). The UX
index rose by 0.9% to close at 1042 points. Blue chip heavyweights Motor Sich
(MSICH) and CentrEnergo (CEEN) led the growth, advancing by 1.9% and 1.3%
respectively, with the latter ended at UAH 7.63 per share. Meanwhile,
low-liquidity Metinvest-owned steel names Avdyivka Coke (AVDK) and Yenakievo
Steel (ENMZ) both added around 5.5%, and domestic oil extraction monopoly
UkrNafta (UNAF) picked up 2.0% to UAH 207. In London, where the main Ukrainian
names have been trading for a week and a half, poultry producer MHP (MHPC) was
little-changed over the holiday period, closing at USD 9.10 on Friday (Jan 9),
while Ferrexpo (FXPO) has been moving steadily higher from its year-end close
near GBp 51, and gained another 5.4% on Friday to GBp 58.50. Beaten-down
Avangard (AVGR) now sits at USD 2.10.
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]