EAVEX Weekly

June 12, 2015

The UX index edged up by 0.4% on Thursday (Jun 11), supported by bullish external sentiments, as the main European indices rallied for a second session in a row. Local blue chip heavyweights Motor Sich (MSICH) and CentrEnergo (CEEN) rose by 0.8% and 0.6% respectively on combined turnover of UAH 8.3mn, with the former closing at UAH 7.90. In the steel sector, Azovstal (AZST) added 1.2% to finish at 82 kopecks. On the downside, UkrNafta (UNAF) declined 0.6% to UAH 271 per share. In London trading, Ukrainian stocks were broadly lower with Ferrexpo (FXPO) retreating 2.3% to near GBp 75, MHP (MHPC) losing 1.4%, and low-liquidity Avangard (AVGR) sliding 10.3% to USD 1.58. Warsaw-listed Kernel (KER) sold off by 3.0% to close at PLN 37.00.