Kyiv-listed stocks opened the new month and week on a minor note,
with the UX index retreating by 1.5% to 976 points on Monday (Feb 2). News that
peace talks between pro-Russian separatists and the government representatives
in Belarus achieved nothing led to a sell-off on the market. Separatist
officials present at the talks had delivered ultimatums and refused to negotiate
“a quick ceasefire and a pullback of heavy weapons,” the OSCE reported. Among
particular blue chips, Avdyivka Coke (AVDK) tumbled 2.8% to UAH 1.17 per share
as its parent group Metinvest said the plant had been under shelling once again.
CentrEnergo (CEEN) lost 3.7% to UAH 6.90 amid concerns that the war’s front line
is approaching one of the company’s main thermal power plants. Motor Sich
(MSICH) dipped below the UAH 2500 mark, declining 1.0% for the day. In London it
was a mixed trading session for Ukrainian names, with low-liquidity issues
Avangard (AVGR) jumping by 10% to USD 2.10 and Regal Petroleum (RPT) rebounding
to GBp 4.07 after trading at GBp 3.10 late last week. Meanwhile MHP (MHPC) slid
back into its previous trading range, losing 4.0% to USD 9.15 as it appeared
that the company’s operational update did not impress investors. Warsaw-listed
Kernel (KER) dropped 1.8% to PLN 30.70.
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