Daily Market Brief

Market Comment

Ukrainian equity markets swung between gains and losses Friday (Oct 29) . The UX exchange (+1.62) traded in the red, but reversed to gains closer to the end of the session. Trading volume was moderate and totaled UAH 90 mln. Motor Sich (MSICH) and Ukrnafta (UNAF) showed remarkable gains adding 4.02% and 3.85% respectively. Metals and mining stocks closed mixed: ALMK -0.8%, AVDK -1.83%, AZST +0.66%, ENMZ -0.03%, YASK unch. Banks (BAVL +0.78%, USCB +1.64%) and GenCos (CEEN +0.75%, ZAEN +0.56%) moved higher, Ukrtelecom (UTLM) advanced +0.94%.
Most stocks listed on international exchanges followed a negative trend with Ferrexpo (FXPO -2.23%) setting the pace. Oil and Gas names ranked losses with Regal (RPT LN) declining 1.56%, JKX Oil and Gas (JKX LN) dropping 0.39%. Food processing stocks also lost ground: KER PW -1.19%, MHP LI -0.06%.


Macro: Budget deficit reaches UAH52.8 bln
Fixed Income: Nadra Bank needs UAH8.3 bln in new capital
Metals and Mining: Ukraine’s steelmakers fail to meet output target for October
Agriculture: Ivano-Frankivsk Region to almost triple the sown area under sugar beet

Daily Market Brief

Market Comment

Ukrainian equity markets closed in the red on Tuesday (Oct 26). The UX exchange ended 0.14% lower in volatile trading. Activity declined – total volume came to UAH 78 mln. Ukrstosbank (USCB) and Zakhidenergo (ZAEN) were among the biggest laggards losing 1.23% and 1.09% respectively. Metals and mining stocks showed mixed dynamics: ALMK -0.35%, AVDK +0.31%, AZST +0.37%, ENMZ -0.26%, YASK -0.78%. As for other blue chips, Reiffeisen Bank Aval (BAVL -0.05%), Centrenergo (CEEN -0.06%) and Ukrtelecom (URLM -0.15%) lost a minor fraction, while Motor Sich (MSICH +0.53%) and Ukrnafta (UNAF +0.16%) added ground.

Ukrainian stocks listed on international markets closed mixed. Regal Petroleum (RPT LN -6.94%) reversed to losses, other oil and gas names also declined: CAD LN -1.16%, JKX LN -0.5%. Food processing stocks (MHPC LI +1.13%, AST PW +0.47%, KER PW +0.32%) enjoyed investors demand.

Ukrainian Eurobonds were under pressure during the entire session. Sovereigns significantly lost in price. Benchmark Ukraine’20 lost a point and landed at 101.25. Municipal issues traded down. CITKIE’15 closed at 93.25. Corporates also shed lower.


Macro: Total public debt rises to $51.1 bln in September

Daily Market Brief

Market Comment

Ukrainian equity markets closed in the red on Tuesday (Oct 26). The UX exchange ended 0.14% lower in volatile trading. Activity declined – total volume came to UAH 78 mln. Ukrstosbank (USCB) and Zakhidenergo (ZAEN) were among the biggest laggards losing 1.23% and 1.09% respectively. Metals and mining stocks showed mixed dynamics: ALMK -0.35%, AVDK +0.31%, AZST +0.37%, ENMZ -0.26%, YASK -0.78%. As for other blue chips, Reiffeisen Bank Aval (BAVL -0.05%), Centrenergo (CEEN -0.06%) and Ukrtelecom (URLM -0.15%) lost a minor fraction, while Motor Sich (MSICH +0.53%) and Ukrnafta (UNAF +0.16%) added ground.

Ukrainian stocks listed on international markets closed mixed. Regal Petroleum (RPT LN -6.94%) reversed to losses, other oil and gas names also declined: CAD LN -1.16%, JKX LN -0.5%. Food processing stocks (MHPC LI +1.13%, AST PW +0.47%, KER PW +0.32%) enjoyed investors demand.


Macro: The NBU estimates economic growth at 5% Y-o-Y over 9M10
Macro: Current account deficit decreases to $259 mln
Agriculture: Ukrainian grain trader Nibulon suspends procurement of grain