Market comment
The UX Index was up by 0.2% on Friday, and up by 0.2% in the US dollar terms, while the PFTS index was up by 0.3% in UAH terms. Five out of ten companies in the UX index were up in UAH terms, with the largest increase in prices observed for Azovsteel (2.1%), DonbassEnergo (0.4%) and CentrEnergo (0.2%).
In London, Ferrexpo gained 1.5%, while MHP fell by 12.1% and Avangard declined by 2.0%. JKX Oil&Gas gained 6.6%, followed by Cadogan with a 1.5% increase. In Warsaw, Ovostar added 3.2% along with IMC (+0.8%), while Milkiland fell by 3.3% and Kernel slid by 1.2%. Serinus declined by 2.7%, however Cub Energy added 23.9% on low volumes. In Paris, Agrogeneration fell by 2.9%.
On the interbank exchange market, the USD/UAH spot rate was unchanged at 20.75 (mid price) on Friday according to Bloomberg. The official exchange rate reported by the NBU was 20.84.Ukraine 5-year CDS were down by 0.4% on Friday.
Market news
- The Ukrainian Parliament introduces the institute of public prosecution of corruption crimes
- The Ukrainian Parliament cancelled the taxation of income from sovereign debt securities received by non-residents
- Avdiivka Coke Plant hit by intense shelling
Ukraine Markets Daily report (May 25, 2015)