Market View

August 22, 2017

Equities: The local UX index closed unchanged yesterday as a 0.8% gain in UNAF was offset by a 1.1% loss in BAVL. The broader KP-Dragon index rose by 1.2% on strength in agro stocks (KER +1.1%, MHPC +0.5%). FXPO enjoyed another growth session, trading between GBp 276-283.5 and closing 1.4% higher. With global markets looking stronger today, we expect Ukrainian equities to open higher. AST will be focus, having just released weaker than expected 1H17 financials (see below).

Fixed income: The sovereign gained a solid 1pt yesterday, outperforming the rest of EMs as strong bids at the long end pulled the curve higher. GDP warrants maintained their momentum, adding another 1pt as offers remained quite rare. The quasi-sovereign space saw mixed dynamics, with banks fluctuating around unchanged levels and RAILUA closing 0.75pt stronger. Corporates were calm, with DTEK and Metinvest both quoted around 95.

All news

All research
Name Close 1d, % 1m, % YTD, %
DAX 12,066 (0.82) (1.17) 5.09
FTSE100 7,319 (0.07) (0.80) 2.46
KP-Dragon 2,189 1.19 4.60 38.30
MICEX 1,938 0.36 0.31 (13.22)
PFTS 286.4 (0.01) 0.74 8.03
S&P500 2,428 0.12 (1.68) 8.47
UX 1,125 (0.05) 3.25 41.40
More quotes
You need to upgrade your Flash Player
You need to upgrade your Flash Player