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Analytics and Market news

Wednesday, 4 November 2015

Eavex Ukraine Market Monitor: Nov 4

Eavex Capital

Kyiv-listed stocks ended mixed on Tuesday (Nov 3) amid a generally dry news flow over the day. The UX index inched up 0.2% to 787 points. Among 10 index components, 6 finished in the black. Raiffeisen Aval (BAVL) added the most points to the gauge, rising 1.6% to 7.90 kopecks. Other notable gainers for the day were UkrNafta (UNAF) and DonbasEnergo (DOEN), which added 1.3% and 2.1% respectively. On the downside, heavyweight Azovstal (AZST) slipped 1.7% to 56 kopecks per share. On the interbank currency market, the hryvnia inched down by 0.3% against the dollar, closing at 23.11 UAH/USD, as NBU chief Valeria Hontareva said there is no fundamental reason for further hryvnia devaluation. In London, it was another bad day for Ferrexpo, (FXPO) which slumped 11% to GBp 30.00, and Avangard (AVGR) declined by 5.3% to USD 1.10. Warsaw-listed Astarta (AST) rose 3.3% to PLN 36.95 and Kernel (KER) advanced 2.2% to PLN 53.40. Ovostar (OVO) edged back 0.4% to PLN 87.30 from what was its 12-month high. 

full report


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Please contact our office in Kyiv at 380-44-590-5454, or by email:
Alexander Klymchuk, Head of Sales, [email protected] 
Dmitry Churin, Head of Research, [email protected]




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