Market overview

Trading in stocks and bonds resumed on the Ukrainian Exchange last week after the suspension caused by the russian invasion of Ukraine on Feb 24.

Kyiv-listed stocks were down somewhat less than initially expected as market players decided not to rush with a massive sell-off after the trading resumed. Quotes for power producer CentrEnergo (CEEN) fell 14% to UAH 6.00 in a very light turnover. UkrNafta (UNAF) slipped by 27% from UAH 330 to UAH 240 per share and Raiffeisen Bank (BAVL) lost 24% to close at 33 kopecks. 

Currently, there is no information regarding CentrEnergo’s or UkrNafta’s financial situation as both companies delayed publication of their operating and financial results due to imposition of the martial law in the country amid the russian full-scale military aggression. 

In Warsaw trading, Agroton (AGT) slipped by 17% to PLN 3.50 after the company publicly admitted that its assets in Lugansk province were seized by russians.

The hryvnia edged down by 0.8% to 40.00 UAH/USD on the OTC cash market. The official exchange rate remained at 36.57 UAH/USD. The National Bank continued to use strict administrative measures to prevent capital flight from the country.