EAVEX Weekly

June 08, 2015

Ukrainian stocks saw a slight rebound on Friday (Jun 5) after steep losses the day before on fears about a re-escalation of the Donbass war. The UX index recovered 0.4% to close at 992 points. From a chart perspective, the benchmark suffered from its failure to surpass the resistance level at 1020 points. Technical analysis logic dominated on the market ahead of the expiration of UX futures contracts on Jun 15. In actively traded stocks, Motor Sich (MSICH) inched up 0.2% to UAH 2678 while CentrEnergo (CEEN) was unchanged at UAH 7.60 per share.