Ukrainian equities finished mostly in the black on Thursday (Aug 27),
boosted by the announcement that the Finance Ministry has reached a deal to
restructure USD 19bn in sovereign debt. The UX index rose 0.9% to end at 972
points. Top liquid name Motor Sich (MSICH) failed to react the news, however,
closing nearly unchanged at UAH 2606. Meanwhile, CentrEnergo (CEEN) advanced by
2.6% to UAH 7.30 and DonbasEnergo (DOEN) gained 0.8% to UAH 19.27. In
second-tier issues, low-liquidity UkrTelecom (UTLM) jumped 7.0% to 15 kopecks
from its previous listing. On the interbank currency market the hryvnia added
1.8% against the dollar, closing at bid/ask of 21.00/21.20 UAH/USD. In London
trading, Ferrexpo (FXPO) picked up 3.9% to get back to GBp 60 per share as
European bourses recovered some of their recent losses. Warsaw-listed Ukrainian
names were broadly higher as well, with Kernel (KER) adding 3.8% to PLN 38.80
and Astarta (AST) climbing 2.6% to PLN 31.30. full reportEavex 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
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