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Analytics and Market news

Wednesday, 29 July 2015

Eavex Ukraine Market Monitor: Jul 29

Eavex Capital

Ukrainian equities listed in Kyiv rose on Tuesday (Jul 28), trimming part of the significant losses seen a day earlier. Among positive news, the Finance Ministry said it will place USD 1.0bn in US-guaranteed Eurobonds in November. In general, the Ministry expects to receive USD 3.2bn from international financial organizations and partner governments by the end of the year. The UX index added 1.8% to close at 975 points. CentrEnergo (CEEN) was the only blue chip to finish in the red, inching down by 0.1%. In the steel sector, Azovstal (AZST) rose 4.8% to get back to 80 kopecks. UkrNafta (UNAF) added only a moderate 1.4% to UAH 282 despite reporting solid financial results for 2Q15. In low-liquidity stocks, Avdyivka Coke (AVDK) gained 5.0% to 94 kopecks and Krukiv Wagon (KVBZ) advanced 3.6%. London-listed Ferrexpo (FXPO) edged down 0.9%  while MHP (MHPC) climbed 2.5% to USD 10.30, remaining in the same narrow trading range of the last several months. In Warsaw, Kernel (KER) edged up 1.1% to PLN 42.70 and Ovovstar (OVO) added 3.1% to a local maximum of PLN 83.00.

full report


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Please contact our office in Kyiv at 380-44-590-5454, or by email:
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