Kyiv-listed
stocks demonstrated a technical rebound on Tuesday (Nov 10) after a sharp drop a
day earlier. However, trading activity on the stock exchange remained subdued
with no evidence that any foreign institutional investors are ready to buy
Ukrainian locally-listed equities. The UX index added 1.6% to close at 752
points after testing another new all-time low of 730 points early in the
session. Raiffeisen Aval (BAVL) rebounded by 3.5% to end at 7.50 kopecks, Motor
Sich (MSICH) climbed back above the UAH 2000 mark after rising 1.4%, and
CentrEnergo (CEEN) picked up 1.5%. On the interbank currency market, the hryvnia
gained 0.7% to close at bid/ask of 22.60/22.75 UAH/USD. In London trading,
Avangard (AVGR) surged almost 20% to USD 1.40, its highest level in 5 months,
and Ferrexpo (FXPO) edged up 0.8%. Warsaw-listed Astarta (AST) sold off by 7.5%
to PLN 35.60 after the company reported an 11% YoY drop in its 3Q revenue.
full reportEavex Capital welcomes any questions or comments you may have regarding our
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Please contact our office in Kyiv at 380-44-590-5454, or
by email:
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[email protected]
Dmitry
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