EAVEX Weekly

September 14, 2020

Kyiv-listed equities finished lower last week, with the UX index losing 2.3% to close at 1290 points. UkrNafta (UNAF) dropped by 4.1% to UAH 118 per share amid a lack of public information about whether state-owned NaftoGaz has paid the agreed sum of UAH 30bn to UkrNafta as a part of a complex deal to resolve UkrNafta’s tax debt and related accrued penalties. The deadline for this payment was supposed to be the end of August. CentrEnergo (CEEN) fell 3.8% to UAH 5.00 and DonbassEnergo (DOEN) was unchanged at UAH 19.00. In second-tier stocks, railcar maker Krukiv Wagon (KVBZ) slipped by 2.6% to UAH 16.55.