Log in with an existing account
Forgot your password? | Register
Ukraine Exchange - The first exchange in Ukraine with direct market access and internet-trading
Register Login
Tuesday, 26.01.2021 06:43
Русский Русский Українська Українська
For Investors
For Brokers
Securities Market
Derivatives Market
Exchange Members
Market Data
Technical Support
About Us
E-mail Subscription

Analytics and Market news

Monday, 14 September 2020

Ukraine Weekly Market Monitor

Eavex Capital

Kyiv-listed equities finished lower last week, with the UX index losing 2.3% to close at 1290 points. UkrNafta (UNAF) dropped by 4.1% to UAH 118 per share amid a lack of public information about whether state-owned NaftoGaz has paid the agreed sum of UAH 30bn to UkrNafta as a part of a complex deal to resolve UkrNafta’s tax debt and related accrued penalties. The deadline for this payment was supposed to be the end of August. CentrEnergo (CEEN) fell 3.8% to UAH 5.00 and DonbassEnergo (DOEN) was unchanged at UAH 19.00. In second-tier stocks, railcar maker Krukiv Wagon (KVBZ) slipped by 2.6% to UAH 16.55.

In technical matters, the UX Index Committee made a decision to keep the gauge basket structure unchanged. The regular quarterly rebalancing of the stocks’ weight in the index will be conducted on Sept 16.

In economic-related news, the government announced that it is targeting a national budget deficit of 6% of GDP in 2021 after the expected deficit of 7.5% this year. The Finance Ministry is in the process of preparing the budget for presentation to Parliament.

In London trading, Ferrexpo (FXPO) advanced by 6.1% to GBp 188 while MHP (MHPC) edged down by 0.7% to USD 5.44. On the Warsaw Stock Exchange, Kernel (KER) picked up 0.8% to PLN 39.10 and Astarta (AST) rebounded by 7.2% to PLN 15.55 after the stock had tumbled by 10% over the preceding week.

On the interbank currency market, the hryvnia edged down by 0.6% to 27.96 UAH/USD. The National Bank reported that its foreign currency reserves had increased by about USD 250mn to reach USD 29.1bn as of 1 Sept 2020.


- Poland Leading Opposition to Nord Stream after Navalniy Poisoning

- Ukraine Headline Inflation Stays Near All-Time Low at 2.5% in August

full report

Eavex 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, a.klymchuk@eavex.com.ua
Dmitry Churin, Head of Research, d.churin@eavex.com.ua

Share |

Copyright © Ukrainian Exchange, 2008-2021. All the rights for the information and analytical materials published on this website are protected in compliance with the ukrainian legislation.
Direct Market Access services are provided by the trading participants of the Ukrainian Exchange.
Tel: +38 (044) 495-7474. E-mail: info@ux.ua
Address: "Horizon" Business center, 1st floor, Shelkovichnaya Str, 42/44, Kiev, 01004, Ukraine