The Ukrainian stock market received no relief on Thursday (Feb 4),
with quotes for local blue chips continuing to move south amid a lack of buyers.
The UX index fell 1.2% to close at 630 points. UkrNafta (UNAF) led the decline,
losing 2.6% to UAH 148 per share. The electricity sector was down despite an
announcement that the government is planning an increase in household
electricity tariffs this year. CentrEnergo (CEEN) dropped 1.4%to UAH 4.31 and
DonbasEnergo (DOEN) shed 3.5% to UAH 14.70. On the interbank currency market,
the hryvnia gave up its rise from the previous day, weakening by 0.8% to close
at bid/ask of 25.85/25.98 UAH/USD. The NBU remained on the sidelines despite
reporting an increase in its foreign reserves for January. In London trading,
Ukrainian agro stocks took a hit, with MHP (MHPC) falling 2.0% to USD 7.35 and
Avangard (AVGR) sliding 10% to 90 cents. Warsaw-listed Astarta (AST) failed to
defend the PLN 30 level, losing 2.0% to PLN 29.50, and Kernel (KER) edged down
0.3% to PLN 44.60.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
by email:
Alexander Klymchuk, Head of Sales,
[email protected]
Dmitry
Churin, Head of Research, [email protected]
