Kyiv-listed
stocks finished mixed on Thursday (May 14) despite some notable intraday gains
just after the opening. The UX index inched down 0.2% to close at 1064 points.
Raiffeisen Aval (BAVL) took the most points off the gauge, dropping 1.6% to
9.60 kopecks per share. On the upside, Motor Sich (MSICH) climbed 0.8% to UAH
2768. CentrEnergo (CEEN) ended unchanged at UAH 8.20 as the market ignored
yesterday’s news about the government’s intention to sell its 78% stake in the
company. Meanwhile, in second-tier stocks, DniproEnergo (DNEN) rose 4.0% to UAH
500 on the nose. In London trading, Ukrainian names were mostly lower, with
Ferrexpo (FXPO) and Avangard (AVGR) losing 4.1% and 5.4% respectively. In
Warsaw, Astarta (AST) retreated by 4.7% to PLN 24.50 after the company reported
a 30% YoY slide in its revenue for the first-quarter, and Kernel edged lower by
0.6%.
Fixed Income
Ukrainian
sovereigns were slightly up on Thursday with Ukraine-23s rose by 0.3p.p. to
48.8/50.8 (21.2%/20.6%). Corporate names were mixed. MHP-20s grew by 0.4p.p. to
82.1/83.5 (13.4%/12.9%) while UkrLandfaming-18s declined by 1.4p.p. finishing
at 49.0/51.3 (43.7%/41.5%).
STOCKS IN THE NEWS
- Gov’t Puts CentrEnergo Back
on Privatization List
-Ovostar
Union’s Net Profit Up by 16% YoY in 1Q15
full report
Eavex Capital welcomes any questions or comments you may have
regarding our research products.
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]
