Ukrainian equity markets rose along with major European indexes Friday (Mar. 18). The UX exchange climbed steadily throughout the day to add 2.55%. Total equity trading volume came in at a moderate UAH 191 mln – typical for the last session of the week. Motor Sich (MSICH) stole the show once again, rising 5.29% on a hefty volume. Metals and mining stocks (ALMK +5.59%, AZST +4.37%, AVDK +3.84%, ENMZ +4.68%, YASK +1.85%) surged for a second straight session. Ukrainian electricity generators made impressive ascents, with Centerenergo (CEEN +2.35%) and Donbasenergo (DOEN +2.35%) tacking on to gains, and Zakhidenergo (ZAEN +1.57%) making a noteworthy turnaround. Banks (BAVL +1.92%, USCB +3.39%) ratcheted up, and Ukrnafta (UNAF +0.63%) made a late session push into the black. Support for Ukrtelecom (UTLM) waned, with the stock shedding 0.77%.
In London, Ukrainian oil and gas names closed mixed: JKX Oil & Gas (JKX LN +0.87%) posted a meager gain, Regal Petroleum (RPT LN -1.56%) stepped down a notch, and shares of Cadogan Petroleum (CAD LN -5.73%) plummeted. Ferrexpo (FXPO LN +2.54%) continued to catch investors’ attention, while MHP (MHPC LI -0.06%) closed just shy of the flat line. In Warsaw, Astarta (AST PW -0.06%) and Kernel (KER PW -0.37%) finished the session slightly lower and Agroton (AGT PW) closed flat.
Fixed Income: Ukraine contemplates ruble bond issue
Metals and Mining: Yasynivka Coke’s net profit increases in 4Q10
No comments:
Post a Comment