Investors cashed in on a
prior day jump in the values of Ukrainian equities at the Thursday, February 16
session. The UX Index diminished 0,95% to 1507,7 points, Sortis-15 lessened
1,25% to 66,65 points and WIG UA minified 0,4% to 806,6 points. Sideway movement
was observed during the trading session with no drivers for continuation of
upward dynamic. Most targeted for selling were shares of Enakievo Metallurgical
Plant /ENMZ/ - 2,42%, Luganskteplovoz /LTPL/ - 2,18% and Motor Sich /MSICH/ -
2,12%. Advance displayed Stahanov Car Production Facility /SVGZ/ + 3,18%,
Dniproenergo /DNEN/ + 2,09% and Krukivsky Carriage Works /KVBZ/ + 1,69%. Total
trading volume was USD 7,3 mn, with biggest donations from Motor Sich /MSICH/ –
USD 1,9 mln, Avdiivka Cokery Plant /AVDK/ – USD 0,7 mln and Ukrsotsbank /USCB/ –
USD 0,6 mln. Friday, February 17 we expect recovery in the market due to closing
of short positions and activation of buyers’ activity. Yesterday, American
indexes showed advance near 1% on the back of good statistics. We pay a special
attention to Ferrexpo’s /FXPO/ shares because of Anglo American’s strong
financial statements. We also mark MHP’s /MHPCq/ shares, on account of company’s
statement about absence of necessity to oversow winter wheat. It seems for us
that yesterday’s decrease in shares of Motor Sich /MSICH/ was baseless and we
would recommend to use such lowering for accumulation in positions.
Ukrainian stocks, listed on international markets, closed mixed.
Hardest hit were shares of Regal Petroleum /RPT/ - 2,38%, JKX Oil & Gas
/JKX/ - 2,0%, Ferrexpo /FXPO/ - 1,93%, Astarta Holding /ASTH/ - 1,67% and
Cadogan Petroleum /CADP/ - 1,15%. At the top traded TMM Real Estate Development
/TR61q/ + 37,66%, Milkiland /MLKA/ + 4,16%, Mriya Agro Holding /MAYAq/ + 2,62%,
Industrial Milk Co /IMCP/ + 1,6% and Ovostar Union /OVO/ +
0,76%.
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