Market commentThe UX Index was down by 0.7% in UAH terms on Thursday, and up by 1.6% in the US dollar terms, while the PFTS index was down by 0.4% in UAH terms. Nine out of ten companies in the UX index were down in the UAH terms, with the largest decrease in prices observed for Kryukiv carriage (-2.9%), Avdiivka coke (-1.7%) and Bank Aval (-1.2%).
In Warsaw, Milkiland lost 4.9%, along with Agroton which declined by 2.4% while Astarta gained 0.3% and Ovostar grew by 0.8% (in US dollar terms). Serinus dropped by 2.2% while Toronto-traded Cub Energy declined by 1.0%. In Stockholm, Misen Energy added 7.2%. In London, Ferrexpo fell by 2.7% while MHP and Avangard traded flat.
On the interbank exchange market, the USD/UAH spot rate was down by 2.3% with the closing price of 20.52 (mid price) on Thursday according to Bloomberg. The official exchange rate reported by the NBU was 20.72.Ukraine 5-year CDS were down by 2.4% on Thursday.
Market news- Metinvest proposes new refinancing terms for 2015 Eurobonds
- UkrLandFarming’s sales down by 25% y/y, EBITDA down by 48% y/y in 2015
ESCP Ukraine Markets Daily report (May 8, 2015)
