Market comment
The UX Index was down by 1.1% on Thursday, and up by 2.4% in the US dollar terms, while the PFTS index was up by 0.3% in UAH terms. Six out of ten companies in the UX index were down in UAH terms, with the largest decrease in prices observed for Avdiivka coke (-3.2%), Motor Sich (-3.1%) and Azovsteel (-1.8%).
In London, Ferrexpo added 2.2%, while Avangard fell by 5.6% and MHP was unchanged. In Warsaw, Milkiland gained 2.2%, followed by Astarta (+0.9%) and Kernel (+0.2%), while Ovostar traded flat and IMC dropped by 4.2% (in USD terms). Serinus continued its gains with a 2.6% increase on Thursday, however Cub Energy fell by 1.6%.
On the interbank exchange market, the USD/UAH spot rate was unchanged at 20.75 (mid price) on Thursday according to Bloomberg. The official exchange rate reported by the NBU was 20.68.
Ukraine 5-year CDS were down by 1.1% on Thursday.
Market news
- Ferrexpo’s AGM approves USD 3.3 cents final dividend
- Motor Sich might supply D-136 engines for the Chinese heavy transport helicopter AHL
- Metinvest misses USD 114 mn in Eurobond payment
Ukraine Markets Daily report (May 22, 2015)
