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Analytics and Market news

Wednesday, 29 April 2015

Eavex Ukraine Market Monitor: Apr 29

Eavex Capital

Kyiv-listed stocks were mostly lower on Tuesday (Apr 28), correcting after four sessions of growth. The UX index declined by 0.8% to close at 1059 points. Trading volumes in all of the UX heavyweight components (with the exception of CentrEnergo’s UAH 1.0mn) were well below their daily average levels. Motor Sich (MSICH) shed 1.5% to close at UAH 2733 per share, and UkrNafta (UNAF) retreated by 2.7% to UAH 260. Azovstal (ASZT) and CentrEnergo (CEEN) both posted moderate gains of about half a percent each, with the latter finishing at UAH 8.25. In London, Ferrexpo (FXPO) continued to rally on rebounding iron ore prices, picking up 6.4% to GBp 79.25; the benchmark iron ore price is now back at USD 60 per tonne after sinking below USD 50 in early March. Warsaw-listed Kernel (KER) slipped another 1.2% to PLN 35.44, while Astarta (AST) edged up 1.3% to PLN 24.30.

full report


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Please contact our office in Kyiv at 380-44-590-5454, or by email:
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Dmitry Churin, Head of Research, [email protected]




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