Kyiv-listed
stocks rebounded on Wednesday (Apr 22) after four trading sessions of decline in
a row. The UX index picked up 1.3% to close at 1020 points. Motor Sich (MSICH)
led the growth, advancing by 2.2% to UAH 2653 per share. Azovstal (AZST) and
CetnrEnergo (CEEN) added 2.9% and 1.5% respectively, while volume leader
UkrNafta (UNAF) lost another 3.6% on turnover of UAH 2.2mn, confirming our
assumption that there is some large seller in the stock. Outside the UX basket,
DTEK-controlled power generator DniproEnergo (DNEN) fell 3.2% to UAH 460. In
London trading, both Ferrexpo (FXPO) and MHP (MHPC) climbed by 1.8%, with the
former closing at GBp 68.00, and Avangard (AVGR) slipped 2.2% to USD 2.22.
Warsaw-listed Ukrainian names were mixed, with Kernel (KER) edging down 1.8% to
PLN 37.00 while Ovostar (OVO) rose 4.9% after releasing its first-quarter
operational update.
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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Dmitry
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