Kyiv-listed stocks continued to fluctuate in a narrow range on
Tuesday (Jul 21), with blue chips once again ending mixed. The UX index inched
down by 0.2% to close at 977 points. UkrNafta (UNAF) was little-changed near UAH
292 ahead of the company’s general shareholder meeting, which could see the
approval of a dividend payout of UAH 23 per share from FY14 profit. Motor Sich
(MSICH) was also unchanged at UAH 2608, while DonbasEnergo (DOEN) fell 1.8% to
UAH 22.20. In second-division names, LuganskTeplovoz (LTPL) corrected by 3.1%
after an aggressive rally last week. In Warsaw trading, Kernel (KER) advanced by
a solid 5.8% to another local maximum of PLN 43.40, as the company’s operational
update released on Monday encouraged investors to take long position in the
stock. In London, low-liquidity issue Regal Petroleum (PRT) slid 8.8% to GBp 5
on the nose, while Ferrexpo (FXPO) edged up 0.4% to GBp
56.75.
full report Eavex 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]
