Kyiv-listed stocks were mixed on Monday (Mar 16) amid volatility on
the market due to the expiration of UX futures contracts, an event which occurs
4 times per year. The UX index finished at 1080 points, adding 0.7% for the
session. DonbasEnergo (DOEN) dragged down the benchmark for a second straight
day, tumbling by 10% to UAH 24.60, as the stock continued to react to
information that the Donetsk People’s Republic (DNR) separatist authorities
intend to nationalize the company’s Starobeshevo power plant. Meanwhile, Motor
Sich (MSICH) and Raiffeisen Aval (BAVL) demonstrated solid gains of 3.8% and
2.4% respectively. In the steel sector, Azovstal (AZST) rose by 1.7% topping 80
kopecks per share. In London trading, Ferrexpo (FXPO) advanced by 4.7% to close
at GBp 60.75. Warsaw-listed Astarta (AST) and Agroton (AGT) retreated by 2.0%
and 2.3% respectively. 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
Churin, Head of Research, [email protected]
