Kyiv-listed
stocks were mixed on Thursday (Apr 16), but valuations continued to benefit from
a notable strengthening in the hryvnia; the dollar sell rate on the interbank
market has declined by almost 7% this week, to 21.40 UAH/USD. The UX index
closed essentially unchanged at 1022 points as losses in some components
outweighed gains in others. UkrNafta (UNAF) posted yet another loss, sliding
3.8% to UAH 260, and Motor Sich (MSICH) shed 0.8% on turnover of UAH 1.0mn. On
the upside, CentrEnergo (CEEN) and DonbasEnergo (DOEN) edged higher by 0.3% and
1.1% respectively. Raiffeisen Aval (BAVL) added 1.1% to 9.72 kopecks per share
after the NBU confirmed that the EBRD is planning to buy a minority stake in the
bank. In London trading, MHP advanced by 3.6% to get back to its local maximum
of USD 11.40, and Ferrexpo (FXPO) climbed 1.8% to GBp 69.25. Warsaw-listed
Ovostar (OVO) was unchanged after the company reported its FY14
results.
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]
