Daily Market Brief

Market Comment

Ukrainian equity markets traded sideways for most of Friday (Dec. 10). The UX exchange closed the week with a gain of 0.48% on a moderate total trading volume of UAH 156 mln. The index was led by a rally in Motor Sich (MSICH +3.95%), a solid rise for Yasynivka Coke (YASK +1.8%) and impressive advances in Stirol (STIR +4.7%) and Stahanov Car Production Facility (SVGZ +4.99%). As for other liquid stocks, only Ukrnafta (UNAF +0.36%), Ukrsotsbank (USCB +0.4%) and Forum Bank (FORM +0.82%) managed to close in positive territory. Metals and mining names posted notable losses led by Alchevsk Steel (ALMK -3.21%) and Enakievo Steel (ENMZ -1.56%), and followed by Avdiivka Coke (AVDK -0.6%) and Azovstal (AZST -0.94%). Investors fixed profits on Ukrtelecom (UTLM -1.67%).

Among Ukrainian companies listed on international markets, Regal Petroleum (RPT LN) stole the spotlight – the stock surged 31.08% as the Board recommended shareholders accept the takeover offer by Energees Management Ltd. Cadogan Petroleum (CAD LN +1.18%) posted a modest gain and JKX Oil & Gas (JKX LN -0.19%) dipped slightly. Ferrexpo (FXPO LN) inched up 0.11%, while MHP (MHPC LI) lost 0.89%. In Warsaw, Astarta (AST PW) plummeted 4.2%, Agroton (AGT PW) shed 0.26% and Kernel (KER PW) closed flat.


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Daily Market Brief

Market Comment

Ukrainian equity markets closed on an upswing Thursday (Dec 9). The UX exchange gained a solid 1.52% on a moderate total trading volume of UAH 161 mln. Motor Sich (MSICH) was definitely the center of attention – the stock soared 8.55%. Other top names to post notable gains included Yasynivka Coke (YASK+1.89%) and Alchevsk Steel (ALMK+1.37%). Remaining metals and mining stocks showed mixed dynamics with insignificant results. Ukrnafta (UNAF -0.16%) and Ukrtelecom (UTLM -0.29%) slid, banks (BAVL -0.37%, USCB -0.3%) dipped slightly, and GenCos (ZAEN, CEEN) closed flat.

Ukrainian companies on international markets showed widely mixed results. In London, Regal Petroleum (RPT LN +21.31%) made a steep recovery. Other oil and gas companies tacked on moderate losses: JKX LN -0.62%, CAD LN -1.16%. Ferrexpo (FXPO LN) kept its correction going with a 2.73% slide. MHP (MHPC LI) added to the previous session’s sharp decline with a 1.41% loss, as the company completed its GDR offering. In Warsaw, Astarta (AST PW) advanced 0.75%, Agroton (AGT PW) inched up 0.1%, and investors fixed profits on Kernel (KER PW -6.47%).


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Daily Market Brief

Market Comment

Ukrainian equity markets opened higher yesterday (Dec. 7) on the back of upbeat sentiment on European markets. The UX exchange surged in the first half of the day, but corrected slightly in the afternoon to close with a 0.66% rise. Total trading volume reached UAH 172 mln. The main contributor to index growth was Ukrtelecom (UTLM +2.92%) once again. Stock prices also hiked for Yasynivka Coke (YASK +2.79%) and Enakievo Steel (ENMZ +2.39%), while other metals and mining companies posted more modest gains: ALMK +0.53%, AVDK +0.07%, AZST +0.32%. Other top companies to put on notable growth included Ukrsotsbank (USCB), which added a solid 1.42%, and Ukrnafta (UNAF), which inched up 0.6%. The only blue chips to trade against the market trend were Raiffeisen Bank Aval (BAVL -0.2%) and Zakhidenergo (ZAEN -0.42%).

Ukrainian companies listed on international markets showed mixed dynamics yesterday. In London, Regal Petroleum (RPT LN -3.23%) and Cadogan Petroleum (CAD LN -1.11%) slid, while JKX Oil & Gas (JKX LN +0.38%) crept up. Ferrexpo (FXPO LN) added a solid 1.36% and MHP (MHPC LI) shot up 3.54%. In Warsaw, listed Ukrainian stocks reported losses across the board: AST PW -0.71%, AGT PW -1.56%, KER PW -1.79%.


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