Kyiv-listed
stocks started off the new month in positive territory, with the UX index rising
by 1.0% to close at 1135 points, while the interbank currency market appears to
have stabilized at bid/ask of 26.50/27.50 UAH/USD. The EU-brokered gas talks
between Ukraine and Russia did not impact the market as no details appeared in
the news flow. Among blue chip stocks, UkrNafta (UNAF) and Motor Sich (MSICH)
advanced by 2.2% and 1.6% respectively, with the former closing at UAH 332 per
share. In the utility sector, CentrEnergo (CEEN) climbed above the resistance
level of UAH 8, adding 2.4% for the day. In less liquid issues, DniproEnergo
(DNEN) picked up 1.8% to UAH 640. In London, JKX Oil&Gas (JKX) declined by
1.7% despite the company announcing that it has resumed gas deliveries to its
key customers after the government’s order to industrial buyers to acquire their
gas solely from state monopoly Naftogaz expired. Regal Petroleum (RPT) jumped by
9.2% to GBp 5.00 but remained within its recent trading range. Warsaw-listed
Kernel (KER) corrected by 0.6% to PLN 31.80 after a solid rise on Friday, while
sugar producer Astarta (AST) edged up by 0.8% to close at PLN
25.00.
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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