Ukrainian stocks listed in Kyiv started the new trading month lower
on Monday (Nov 2) with the UX index declining by 0.9% to 785 points. Among
macroeconomic news for the day, the NBU said that the surplus of the national
budget in Jan-Sept 2015 had reached UAH 8.8bn, while its deficit from a year ago
was UAH 40.1bn. Nevertheless, the positive news had no impact on the stock
market. In the electricity sector, CentrEnergo (CEEN) slipped 0.9% to close at
UAH 5.39 and DonbasEnergo (DOEN) fell 2.6% to a new all-time low (in USD terms)
of UAH 17.50 per share. On the upside, UkrNafta (UNAF) added 1.3% to UAH 215
after the company said it has fulfilled all its tax liabilities in October,
providing a hint that the company could reach a compromise regarding its tax
debt shortly. On the interbank currency market, the hryvnia strengthened
moderately by 5 kopecks against the dollar to a sell rate of 23.05 UAH/USD after
the NBU reported that Ukraine had a USD 348mn balance of payments surplus in
September. In London trading, Ferrexpo (FXPO) lost 2.9% to GBp 33.00 while MHP
(MHPC) picked up 3.4% to USD 9.40.
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