Kyiv-listed stocks ended mostly in the red on Thursday (Jan 29) with
the market failing to get back above the 1000 point mark. The UX index declined
by 0.8% to close at 988 points. Raiffeisen Aval (BAVL) lost 2.9% to 8.60 kopecks
per share after its parent group Raiffeisen International pledged to shrink its
business by some 20% to avoid needing an additional capital injection. In other
blue chips, CentrEnergo (CEEN) edged down by 0.4% to UAH 7.20 while UkrNafta
(UNAF) climbed 0.6% to UAH 240. The local market appeared to ignore reports that
a new round of talks between Ukraine, Russia and the Organization for Security
and Cooperation in Europe on the war in eastern Ukraine will take place in Minsk
today (Jan 30). In London trading, iron ore producer Ferrexpo (FXPO) tumbled
8.5% to GBp 51.25 while MHP (MHPC) picked up 2.4% to USD 9.45 after an
impressive FY14 operational release. Warsaw-listed Ukrainian names were broadly
higher, with Kernel (KER), Astarta (AST) and Agroton (AGTO rising by 1.9%, 2.7%
and 3.8% respectively for the day.
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
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