Market comment
The UX Index was down by 1.4% on
Tuesday, and up by 1.5% in the US dollar terms, while the PFTS index was down
by 1.2% in UAH terms. Eight out of ten companies in the UX index were down in
UAH terms, with the largest decrease in prices observed for Enakievo MP
(-7.0%), Alchevsk MP (-6.7%) and Motor Sich (-2.2%).
In London, Ferrexpo fell by 3.1% while Avangard and MHP traded flat. In Warsaw, most of the agricultural stocks declined, including Astarta (-0.9%), IMC (-0.8%), Kernel (-0.5%), Milkiland (-5.5%), with the exception of Ovostar which added 2.3%.
On the interbank exchange market,
the USD/UAH spot rate was down by 2.9% with the closing price of 21.13 (mid
price) on Tuesday according to Bloomberg. The official exchange rate reported
by the NBU was 21.25.
Ukraine 5-year CDS were up by 1.0%
on Tuesday.
Market
news
- The government received a mandate to impose a ban on external debt payments
- Ukraine’s Parliament appoints Igor Bilous as Head of the State Property Fund, Yury Terentyev as Head of the Antitrust Committee
- Ukrnafta corrects net income by UAH 3.2 bn to UAH 4.5 bn for 2014
Ukraine Markets Daily report (May 20, 2015)
