EAVEX Weekly

October 26, 2020

The Ukrainian Exchange index (UX) declined by 0.9% to 1295 points last week. TurboAtom (TATM) was the worst-performing blue chip, falling 5.8% to UAH 7.90. Quotes for UkrNafta (UNAF) were flat at UAH 129 per share. CentrEnergo (CEEN) added 4.9% to close at UAH 5.10 after the company unveiled a net profit of 89 kopecks per share for 3Q20. Raiffeisen Bank Aval (BAVL) inched down by 0.3% to 36.00 kopecks. In major macroeconomic statistics, the industrial production index dropped by 4.4% YoY in September with the manufacturing sector showing a 5.8% YoY contraction in the period. Meanwhile, retail sales continued to rebound from the COVID decline, with the retail turnover index rising 11.6% YoY in September and by 6.7% YoY in 9M20.