Equity
Most Kyiv-listed stocks saw limited action on Monday (Apr 20), as the UX index inched lower by 0.3% to 1011 points. UkrNafta (UNAF) was the exception to the slow-moving trend, dropping 2.9% to UAH 243 per share as it appears that some large market player has been gradually unloading its position in the stock, which has lost around 3% each day for the last six consecutive sessions. Electricity names were higher, with CentrEnergo (CEEN) rising 1.0% to just below UAH 8 and DonbasEnergo (DOEN) picking up 0.8%. Volume leader Motor Sich (MSICH) was essentially unchanged at UAH 2600 per share on turnover of UAH 2.3mn. In London, it was a mixed session for Ukrainian names. Ferrexpo (FXPO) climbed 0,7% to GBp 68.75 while low-liquidity Avangard (AVGR) slid 10% to USD 2.50. Warsaw-listed Kernel (KER) edged down 0.9% to PLN 38.25 after the company’s mixed-result operational update, and Agroton (AGT) shed 0.9% to close at PLN 1.15.
Fixed Income
Ukrainian sovereigns were lower on Monday with Ukraine-23s dropping by 0.4p.p. to 44.5/45.8 (22.9%/22.1%). Corporate names were mixed. UkrlandFarming-18s improved by 2.5p.p. to 39.0/42.0 (55.0%/51.1%) while Metinvest-18s declined by 0.5p.p. closing at 54.0/56.0 (36.1%/34.3%).
STOCKS IN THE NEWS
- Kernel Operated at Close to Full Seed-Crushing Capacity Over Jan-Mar
- CentrEnergo Reports Sharp Drop in Net Profit for FY14
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