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Analytics and Market news

Thursday, 7 May 2015

Eavex Ukraine Market Monitor: May 7

Eavex Capital

Kyiv-listed stocks ended generally lower on Wednesday (May 6), with the UX index declining by 0.7% to close at 1077 points. Traders seemed disappointed by the latest spike in UkrStat’ CPI index, with consumer inflation in the country up by a whopping 14% MoM in April, bringing 12-month headline inflation to above 60%. The blue chip heavyweights were mixed as Motor Sich (MSICH) edged down 0.5% while CentrEnergo (CEEN) climbed by the same increment to UAH 8.38 per share. UkrNafta (UNAF) slipped 1.2% to close at UAH 272, with the company’s relatively healthy financial results for FY14 appearing to have no impact on the stock. In the steel sector, Azovstal (AZST) and Alchevsk Steel (ALMK) lost 1.7% and 2.4% respectively. In London trading, MHP (MHPC) was unchanged at USD 11.50 while Ferrexpo (FXPO) dropped by 3.1% to end the day at GBp 77.00. Warsaw-listed Astarta (AST) picked up 2.6% to finish at PLN 26.05.

full report


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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]





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