Kyiv-listed
stocks were notably lower across the board on Tuesday (May 26) in line with the
main European bourses, with the UX index falling back below the 1000 mark for
the first time since just after the February Minsk ceasefire deal. The benchmark
lost 2.3% to end at 997 points. Krukiv Wagon (KVBZ) was the worst-performing
blue chip, sliding 11.2% to a new all-time low of UAH 9.60 per share, and Motor
Sich (MSICH) fell 2.4% to UAH 2540 on investors’ fears that the company could
ultimately lose Russian market access. CentrEnergo (CEEN) edged down 1.4% to UAH
7.80 in a moderate reaction to the suspension of operations at its Zmyivska
power station. In second tier stocks, UkrSotsBank (USCB) lost 2.1% to 10 kopecks
on the nose after information that Ukrainian security services have searched the
banks’ Kyiv headquarters as part of an investigation into the financing of
Russian-backed separatists. In London, MHP (MHPC) recovered by 3.3% to USD 10.85
after sliding more than 10% in the preceding two sessions. Warsaw-listed Astarta
(AST) climbed 6.1% to PLN 25.88 while Agroton (AGT) shed another 2.9% to close
at PLN 0.99.
full reportEavex 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]
