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Analytics and Market news

Wednesday, 15 April 2015

Eavex Ukraine Market Monitor: Apr 15

Eavex Capital
Locally-listed Ukrainian stocks ended mixed on Tuesday (Apr 14) as trading on the UX exchange remained subdued and no major positive news on solving the Donbass conflict emerged from the latest “Normandy Four” foreign ministers’ meeting in Berlin. The UX index managed to recover some early losses, closing unchanged at 1016 points. Volume leaders Motor Sich (MSICH) and CentrEnergo (CEEN) moved up by 1.5% and 0.2% respectively on combined turnover of UAH 5.4mn. Meanwhile, Raiffeisen Aval (BAVL) lost 1.3%, finishing at 9.35 kopecks, and UkrNafta (UNAF) declined by 1.2%. London-listed Ukrainian names were also mixed, with Ferrexpo (FXPO) rising 2.7% to GBp 67.25 while JKX Oil&Gas (JKX) retreated by 4.0% to GBp 29.75. In Warsaw trading, Kernel (KER) edged down by 2.7% to near PLN 37 and Astarta (AST) was flat at PLN 24 per share.

full report


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