Market comment
The UX Index was down by 0.1% on Wednesday, and up by 2.0% 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 down in UAH terms, with the largest decrease in prices observed for Azovsteel (-2.2%), DonbassEnergo (-1.3%) and Enakievo MP (-1.1%).
In London, Ferrexpo and MHP added 1.7% and 1.8%, respectively, while Avangard traded flat. Both Cadogan and JKX Oil&Gas declined by 0.5% while Regal Petroleum grew by 5.2%. In Warsaw, Kernel was among the top gainers with a 2.1% growth (in USD terms) followed by Astarta with a 0.6% increase, while Milkiland declined by 5.7%, Ovostar fell by 4.3% and IMC slid by 2.1%. Serinus was down slightly by 0.1%, while Cub Energy slid by 0.5% (in USD terms). In Paris, Agrogeneration was mostly unchanged.
On the interbank exchange market, the USD/UAH spot rate was down by 2.1% to 21.10 (mid price) on Wednesday according to Bloomberg. The official exchange rate reported by the NBU was 21.04.
Ukraine 5-year CDS fell by 2.0% on Wednesday.
Market news
- Ukraine’s gross public debt grew by 3.6% in April 2015
Ukraine Markets Daily report (May 28, 2015)
