Locally-listed
Ukrainian stocks were higher on Friday (Aug 14) in line with the main European
bourses, which rallied on the apparent resolution - at least for the next couple
of months - of the Greek bailout story. Frankfurt’s DAX has now clawed back
almost all of its losses that followed China’s early-week currency devaluation.
The UX index picked up 1.4% to end at 990 points. Among substantially traded
names, Raiffeisen Aval led the gains, adding 2.8% to 9.30 kopecks, its highest
level in 3 months. DonbasEnergo was the volume leader on turnover of UAH 400,000
and rose in line with the benchmark, while low-liquidity Krukiv Wagon had a
fairly active day, appreciating by 4.9% to UAH 10.40. UX basket heavyweights
Motor Sich and CentrEnergo edged up by half a percent each, with the former
closing at UAH 2705. London-listed Ferrexpo (FXPO) rose 3.6% to GBp 65.25. In
Warsaw, top liquid issue Kernel continued to push back into territory not seen
since the autumn of 2013, rising 1.2% to PLN 46.10.
full reportEavex Capital welcomes any questions or comments you may have regarding our
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