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Analytics and Market news

Wednesday, 6 May 2015

ESCP: Ukraine Markets Daily May 6

Empire State Capital Partners

The UX Index was up by 0.7% in UAH terms on Tuesday (last Monday and Friday were non-trading days on the UX), and up by 2.3% in the US dollar terms, while the PFTS index was flat in UAH terms. Eight out of ten companies in the UX index were up in the UAH terms, with the largest increase in prices observed for Alchevsk MP (6.3%), Ukrnafta (2.0%) and Azovsteel (1.7%).

On the interbank exchange market, the USD/UAH spot rate was down by 1.6% with the closing price of 20.90 (mid price) on Tuesday according to Bloomberg. The official exchange rate reported by the NBU was 21.13.

Ukraine 5-year CDS were down by 3.1% on Tuesday.


Market news

  • Roman Nasirov appointed as the Head of the State Fiscal Service
  • MHP’s poultry meat sales flat, sunflower oil sales up by 11% y/y in 1Q2015
  • Ukrnafta’s sales down by 10%, EBITDA up by 33% in 2014
  • Metinvest’s production of crude steel down by 4% q/q, metal products output flat q/q in 1Q2015
  • S&P downgrades Ukraine Railways to ‘CC’


Ukraine Markets Daily report (May 6, 2015)


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