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Analytics and Market news

Thursday, 7 May 2015

ESCP: Ukraine Markets Daily May 7

Empire State Capital Partners

The UX Index was down by 0.7% in UAH terms on Wednesday, and down by 1.2% in the US dollar terms, while the PFTS index was down by 0.4% in UAH terms. Seven out of ten companies in the UX index were down in the UAH terms, with the largest decrease in prices observed for Alchevsk MP (-2.4%), Kryukiv carriage (-1.8%) and Azovsteel (-1.7%).

In London, the prices of Avangard's GDRs recovered to 2.50 (+8.7%), while Ferrexpo slid by 3.0% to 77 GBp. Serinus edged higher (+3.7%) in Warsaw, while Astarta gained 3.5% and IMC dropped by 3.0%. Misen Energy lost 9.3% in Stockholm, while shares of Agrogeneration fell by 4.7% on Euronext.

On the interbank exchange market, the USD/UAH spot rate was up by 0.5% with the closing price of 21.00 (mid price) on Wednesday according to Bloomberg. The official exchange rate reported by the NBU was 21.02.
Ukraine 5-year CDS were down by 3.2% on Wednesday.

Market news

  • Core inflation shows signs of abating
  • The NBU published the principles of the monetary policy for 2015

ESCP Ukraine Markets Daily report (May 7, 2015)


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