EAVEX Weekly

November 24, 2015

Kyiv-listed stock rose on Monday (Nov 23) with the UX index adding 1.7% to close at 714 points. Nevertheless, we view the growth as a rather technical rebound than a reverse on the long term downward trend. In 10 index components 6 stocks finished in the black. CentrEnergo (CEEN) and Azovstal (AZST) increased by 1.9% and 2.1% respectively with the later closed at 43 kopecks. Actively traded issue, Motor Sich (MSICH) climbed 0.9% to UAH 1988 per share.