Kyiv-listed stocks were sluggish on Friday (Feb 13) after rising
sharply a day earlier on news about the signing of the “Minsk 2” Donbass
ceasefire as well a revamped USD 17.5bn bailout for Ukraine from the IMF. The UX
index inched up by 0.1% to close at 1107 points. Low-liquidity UX components
were mostly in the red, with Avdyivka Coke (ADVK) retreating by 8.6% and Krukiv
Wagon (KVBZ) edging down by 0.9%. Meanwhile, Azovstal (AZST) jumped by 6.7% to
86 kopecks per share and domestic monopoly oil producer UkrNafta (UNAF) added
1.0%, remained below the UAH 300 level. In London trading, Avangard (AVGR)
continued its run-up advancing by 8.6% to USD 3.80 and bringing its gain for the
week to 80%. MHP (MHPC) picked up 3.1% to USD 9.90 while JKX Oil&Gas (JKX)
corrected by 5.5% to GBp 30.00. The main Warsaw-listed Ukrainian names declined,
with Kernel (KER) slipping 0.8% to PLN 31.50.
full reportEavex Capital welcomes any questions or comments you may have regarding our
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Please contact our office in Kyiv at 380-44-590-5454, or
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Dmitry
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