Market comment

Market comment



24 лютого 2015 года
Конкорд Капитал

Ukrainian equities kicked off the week erratically on Monday, Feb. 23. The WIG Ukraine Index of Warsaw-traded stocks slid 0.8%, weighed down by its biggest component, grain trader and sunflower oil producer Kernel (KER PW -1.3%). KDM Shipping (KDM PW) jumped 12.8% while farmer Industrial Milk (IMC PW) plunged 9.1%. In London, natural gas E&P JKX Oil & Gas (JKX LN) jumped 18.0% while its peer Regal Petroleum (RPT LN) plummeted 16.7%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks slid 0.7%, weighed down by Yenakiyeve Steel (ENMZ UK -4.0%).



Some downward moves were observed in longer corporate Eurobonds, mostly maturing in 2018. As a result of the moves, most of the 2018 bonds were separated into two groups: those yielding 43%-48% to maturity (EXIMUK ’18, OSCHAD’18 and DTEK’18) and those concentrated in the YTM range of 51%-58% (METINV’18, PRBANK’18, UKRLAN’18 and RAILUA’18).



The Ukrainian hryvnia refreshed another all-time low vs. hard currencies on Monday. The central bank reduced the official rate by 1.7% to UAH 28.35 / USD (-8.1% in a week, -44.4% YTD). On the free exchange market, a panic mood prevailed as the U.S. dollar firmly crossed the UAH 30 threshold: the hryvnia lost 6% in the day to trade at UAH 31/USD.

Источник: Конкорд Капитал

Аналитик: Максим Слободской
Другие обзоры рынка от Конкорд Капитал


Компании

все компании