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Analytics and Market news

Monday, 16 November 2015

Eavex Ukraine Market Monitor: Nov 16

Eavex Capital

Kyiv-listed stocks ended mostly higher on Friday (Nov 13), with the UX index climbing 0.5% to 739 points after five sessions of decline. Among the 10 index components, 6 blue chips were in the black, Motor Sich (MSICH) was unchanged, and 3 steel-related issues finished lower. DonbasEnergo (DOEN) and Krukiv Wagon (KVBZ) added the most points to the benchmark, rising 2.2% and 2.5% respectively, with the latter closing at UAH 9.30. UkrNafta (UNAF) found support at UAH 200 per share, regaining 1.8% to UAH 205. On the interbank currency market, the hryvnia weakened by 0.4% to close at bid/ask 23.10/23.22 UAH/USD. The NBU said that it could remove administrative restrictions on the foreign exchange market by mid-2016 if there is a favorable situation in the financial sector. In London trading, Ferrexpo (FXPO) slumped 10.3% to GBp 30.50 while Avangard (AVGR) continued to rally, advancing 9.8% to USD 1.65. Warsaw-listed Ukrainian names were notably lower, with Kernel (KER) shedding 2.0% to PLN 50 on the nose and Astarta (AST) sliding 5.9% to PLN 32.90.

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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