Kyiv-listed
stocks rebounded on Wednesday (Feb 18), recovering their heavy losses of a day
earlier after investors appeared to be relieved by President Poroshenko’s
decision to stop contesting the besieged enclave of Debaltsevo in the ongoing
war against Russian-backed separatists. The UX index jumped by 4.1% to close at
1114 points. UkrNafta (UNAF) rose in line with the benchmark to close at UAH 300
on the nose, while in electricity blue chips, CentrEnergo (CEEN) rose by 3.2% to
UAH 7.57 and DonbasEnergo (DOEN) added 1.7%, finishing at UAH 30.76. Yenakievo
Steel (ENMZ), which is located on pro-Russian separatist-controlled territory,
surged by 9.7% to UAH 19.40. Outside the UX basket, UkrTelecom (UTLM) plummeted
25% to 14.20 kopecks from its previous listed price. London traded JKX
Oil&Gas (JKX) continued to edge higher, climbing by 1.9% to GBp 34.10, while
MHP (MHPC) shed 5.7% to sink back below the USD 10 mark. Warsaw-listed Ukrainian
issues were mostly lower, with Astarta (AST) dropping by 3.4% to PLN 25.50 and
Agroton (AGT) falling 3.6%.
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
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