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Analytics and Market news

Wednesday, 18 March 2015

Eavex Ukraine Market Monitor: Mar 18

Eavex Capital

Locally-listed Ukrainian equities ended mixed on Tuesday (Mar 17), although low-liquidity UX basket components drove the gauge 0.8% higher to 1088 points. News flow was dry for the day, as Parliament’s decision to proclaim some areas in eastern Ukraine as “occupied territories” came only after the market close. In metallurgy stocks, Azovstal (AZST) gained 1.8% and Avdyivka Coke (AVDK) jumped 8.2% on very thin turnover. Actively-traded issues Motor Sich (MSICH) and UkrNafta (UNAF) declined by 1.6% and 0.7% respectively. London-listed Avangard (AVGR) rose 6.7% to USD 3.20 per share, while other Ukrainian names were little changed. In Warsaw trading, Kernel (KER) advanced by 2.8% to PLN 33.30.

full report


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