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Analytics and Market news

Friday, 31 July 2015

Eavex Ukraine Market Monitor: Jul 31

Eavex Capital

Kyiv-listed Ukrainian equities were mixed on Thursday (Jul 30), with the UX index edging down by 0.4% to 971 points. A notable strengthening of the hryvnia on the interbank market by 65 kopecks to 21.15 UAH/USD was not uniformly reflected among export-oriented steel stocks. Azovstal declined by 2.6% to 76 kopecks, while Yenakievo Steel was the day’s best performer, adding 3.9% on expected strong operational results for July, which should become public next week. Volume leader UkrNafta finished with a 2.3% loss at UAH 282 per share. In electricity blue chips, Centrenergo edged down by 0.4% while DonbassEnergo picked up 1.4%. In London, JKX Oil&Gas recovered by 4.8% after its 18% freefall the day before. In Warsaw, Mlkiland added 7.3% to PLN 1.48 and Kernel was largely unchanged.

full report


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