Daily Market Brief

Market Comment

Ukrainian equity markets opened higher on optimistic expectations Friday (Dec. 3); however, disappointing employment data out of the US led to the UX exchange stepping down a notch to end the day with a meager 0.23% rise. Total trading volume reached UAH 193 mln. Ukrtelecom (UTLM +2.25%) continued on its way up. Metals and mining stocks were among other top gainers, with Yasynivka Coke (YASK) shooting up 4.53%, and Azovstal (AZST) and Enakievo Steel (ENMZ) adding a solid 3.29% and 2.71% respectively. Only Alchevsk Steel (ALMK -1.05%) closed in the red. Most other top-tier names took on losses: Zakhidenergo (ZAEN) tumbled 4.08%, Ukrsotsbank (USCB) lost 1.13%, and investors continued to fix profit on Ukrnafta (UNAF -0.89%).

Ukrainian companies listed on international markets showed mixed dynamics. London-listed oil and gas stocks suffered notable losses. Regal Petroleum (RPT LN -10.29) saw its stock plummet as investors have lost faith in the company restoring licenses following the rejection of its legal appeal in a Ukrainian court. JKX Oil & Gas (JKX LN -2.25%), and Cadogan Petroleum (CAD LN -2.3%) slid. Ferrexpo (FXPO LN -0.43%) and MHP (MHPC LI -0.65%) chartered a minor downward course. In Warsaw, Astarta (AST PW-0.53%) closed in the red, while Agroton (AGT PW +3.23%) continued building up significant growth.


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Daily Market Brief

Market Comment

Volatile trading was observed on Ukrainian equity markets yesterday (Nov. 30). The UX exchange chartered a downward trajectory in the first half of the session, but recovered losses in the second half to close 0.39% higher. Total trading volume remained high and reached UAH 167 mln. Ukrnafta (UNAF) was the stock of the day, adding to its succession of gains by posting a rise of 4.42%. Only a few other names closed in positive territory including Zakhidenergo (ZAEN +0.94%) and Ukrsotsbank (USCB +0.11%). With the exception of Yasynivka Coke (YASK +0.29%) and Alchevsk Steel (ALMK +0.12%), metals and mining stocks extended losses: AZST-0.23%, ENMZ -0.84%, AVDK -0.72%. Ukrtelecom (UTLM -1.83%) continued to lose ground. Other top names mirrored the general downward trend: BAVL -1.11%, CEEN -0.5%.

Among Ukrainian stocks listed on international markets, JKX Oil & Gas (JKX LN +0.16%) closed in the black, while Cadogan Petroleum (CAD LN -1.19%) reversed to losses, and investors continued to fix profits on Regal Petroleum (-7.35%). Ferrexpo (FXPO LN) traded in the red, losing 2.07%. The trend was reversed for agriculture and food processing stocks. Only Agroton lost in price (AGT PW -0.63%), while MHP (MHPC LI +1.38%) and Astarta (AST PW +2.95%) posted solid gains, and Kernel (KER PW +6.35%.) soared.


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Daily Market Brief

Market Comment

Ukrainian equity markets closed mixed on Monday (Nov. 29). The PFTS finished with a near one-point gain, while the UX exchange (-0.07%) fell just on the wrong side of the fence. Total trading volume on the UX remained high at UAH 169 mln. Blue chips predominantly ended the session in negative territory led by Ukrsotsbank (USCB -1.86%), Stahanov Car Production Facility (SVGZ -1.86%), Forum Bank (-1.47%) and Ukrtelecom (UTLM -1.03%). With the exception of Enakievo Steel (ENMZ +0.14%), metals and mining names dropped slightly: ALMK -0.12%, AVDK -0.45%, AZST -0.87%, YASK -1.01%. Ukrnafta continued to tack on gains, rising 1.31%. Zakhidenergo (ZAEN +2.57%) and Raiffeisen Bank Aval (BAVL +0.62%) were also among the day’s winners.

Ukrainian stocks posted mixed results on international markets. In oil and gas names, Cadogan (CAD LN) saw its price skyrocket 5%, while investors fixed profits on Regal Petroleum (RPT LN) – the stock plummeted 12.82%. Also in London, JKX Oil & Gas (JKX LN -1.44%) slid, Ferrexpo (FXPO LN -3.5%) dropped significantly, and MHP SA (MHPC LI +1.17%) turned in a solid performance. In Warsaw, Astarta (AST PW) and Agroton (AGT PW) lost 3.34% and 0.36% respectively. Kernel (KER PW) wrapped up the session by surging 2.27%.


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