Kyiv-listed
stocks finished notably higher on Thursday (Feb 5) on the surprise news that
French President Hollande and German Chancellor Merkel are planning to propose a
new initiative on settling the conflict in Eastern Ukraine. The UX index
advanced by 2.4% to close at 1017 points. All ten components of the UX basket
were in the black; UkrNafta (UNAF) led the rally with 6.7% gain to UAH 268 per
share. Motor Sich (MSICH) rose 2.5% to UAH 2620 as investors were encouraged by
news that the company has struck a long term engine supply deal with Austrian
light aircraft producer Diamond Aircraft. Raiffeisen Aval (BAVL) added 3.4% to
get back above the 9-kopeck level. In London, it was second straight active
session for JKX Oil&Gas (JKX), which surged by 24% to GBp 23 after Proxima
Capital Group released a statement saying it “is in the very early stages of
considering a potential offer” for the company. Ferrexpo (FXPO) increased by
1.4% to GBp 54.00, while Warsaw-listed Kernel (KER) retreated 1.7% to slip below
PLN 30.
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Please contact our office in Kyiv at 380-44-590-5454, or
by email:
Alexander Klymchuk, Head of Sales,
[email protected]
Dmitry
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