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
Wednesday, 04.10.2023 00:14
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, 13 March 2023

Ukraine Weekly Market Monitor

Eavex Capital

Indicative quotes for thermal electricity producer CentrEnergo (CEEN) surged by 39% last week to UAH 3.59 but the trade volume was negligible, signaling that the risks of investing in CentrEnergo still outweighted potential upside. In other Ukrainian blue-chips, Raiffeisen Bank (BAVL) gained by 15% to 31 kopecks per share.

On the Warsaw Stock Exchange, grain exporter Kernel (KER) slipped by 6.6% to PLN 18.55 after information that the company’s main shareholder proposed to delist Kernel and set the buy back price at just PLN 18.50. Other agro names also finished lower with MHP (MHPC) falling by 5.6% to USD 3.35 and Astarta (AST) declining by 1.2% to PLN 24.70.

The dollar exchange rate on the cash market decreased by another 1.2% to 38.48 UAH/USD. Since the beginning of the year, the hryvnia has strengthened by 5% on the OTC market.

The National Bank reported that Ukraine’s foreign exchange reserves fell by 3.5% MoM to USD 28.9bn in February. The regulator conducted interventions on the sale of a currency on the interbank for the amount of approximately USD 2.5bn last month. Meanwhile, the government of Ukraine paid USD 354mn for the servicing and repayment of foreign currency domestic bonds in February, and another USD 154mn was repaid to the World Bank. In addition, Ukraine paid USD 306mn to the IMF. The government’s foreign currency accounts at the National Bank received a total of USD 2.4bn last month, including approximately USD 2.1bn from the World Bank and USD 330mn from the placement of foreign currency domestic bonds.


- Reports of US-Ukraine Disagreement Over Bakhmut Defense; Kupyansk Under Pressure from Russian Shelling


- Kernel’s Largest Shareholder Proposes Delisting from Warsaw Stock Exchange at Price of PLN 18.5 per Share

The National Bank of Ukraine has opened a special fundraising account to support the Armed Forces of Ukraine. Please find more at the National Bank’s official website under the link below:


full report

Eavex Capital welcomes any questions or comments you may have regarding our research products.
Please contact us by email:

Dmitry Churin, Head of Research, [email protected]

Copyright © Ukrainian Exchange, 2008-2023. 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: Tropinina Street, 7-g, Kyiv, 04107, Ukraine