Kyiv-listed stocks were broadly lower on Tuesday (Jan 27) after Parliament passed a resolution officially declaring the unrecognized, separatist-controlled territories of Donetsk and Lugansk as “terrorist organizations.” The UX index slipped 1.1% to close at 996 points. Avdyivka Coke (AVDK), which has been coming under sporadic shelling this month as separatists try to capture the town of Avdyivka, was the worst performing blue chip, tumbling 14% to UAH 1.20 per share. Heavyweight issue CentrEnergo (CEEN) edged down by 0.7% while volume leader Motor Sich (MSICH) was little-changed on turnover of UAH 2.2mn. In London trading, Ferrexpo (FXPO) lost 3.5% to close at GBp 55.00 and MHP (MHPC) declined by 2.5% to USD 9.10. Warsaw-listed Kernel (KER) added 0.8% after a notable drop a day earlier, while Agroton (AGT) fell 4.5% to PLN 1.26.
Fixed Income
Ukrainian long-term sovereigns were flat on Tuesday with Ukraine-23s finishing unchanged at 52.1/56.1 (19.3%/17.9%). Corporate names were mixed. MHP-20s fell 1.9p.p. to 63.2/66.0 (20.0%/18.8%) while UkrlandFarming-18s advanced by 3.5p.p., closing at 40.0/45.0 (50.9%/45.1%).
POLITICS AND ECONOMICS
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FIXED INCOME
- PUMB Posts Net Loss of UAH 140mn for FY14
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