Research

Welcome to our research portal. We provide comprehensive coverage on Ukrainian macroeconomics and politics as well as all major domestic industries such as metals and mining, agriculture, machine-building, fuel and energy, banking and others from both the equities and fixed income perspectives. 

Market View

  • Fixed income

    The sovereign continued to move higher (+0.75-1pt), perhaps helped by the passage of NABU independence law as well as a bit of hope emerging from recent talk on diplomacy. The upcoming coupon step-up on the A series was also mentioned. Among quasi-sovereigns, RAILUA was still offered while EXIMUK saw some buying interest, the rest was quiet.

  • Equities

    Foreign-listed equities had a mixed day as London-listed FXPO rose by 4.5% to GBp 46 on turnover of $1.3m while MHPC dropped 1% to $5.22. In Warsaw, KER closed 1.5% higher at PLN 18.8, IMC lost 0.7%, and AST finished 0.4% lower at PLN 47.8. The KP-Dragon index thus inched 0.4% higher. With lower Asian indices and European futures, we may see weakness in Ukrainian names today.

Ticker Currency Bid Ask Close 1D, %
KER PW PLN 17.76 17.8 17.8 0.5
AST PW PLN 47.15 47.5 47.5 0.0
IMC PW PLN 25.8 26.3 25.8 -2.3
MHPC LI USD 5.22 5.26 5.22 -3.0
FXPO LN GBp 46.05 46.1 46.1 -3.1
Ticker Currency Bid Ask Close 1D, %
FXPO LN GBp 46.05 46.1 46.1 -3.1
MHPC LI USD 5.22 5.26 5.22 -3.0
IMC PW PLN 25.8 26.3 25.8 -2.3
AST PW PLN 47.15 47.5 47.5 0.0
KER PW PLN 17.76 17.8 17.8 0.5
Ticker Currency Close 1D, % Volume
Name Close 1D, % 1M, % YTD, %
SPX 6367.87 -0.34 3.16 8.27
PFTS 464.15 0.00 -6.83 -7.67
DAX 24217.37 1.03 0.77 21.64
FTSE100 9136.32 0.60 3.83 11.79
KP-Dragon 1,876.15 -1.05 -6.25 8.43
Name Close 1D, % 1M, % YTD, %
CDX.EM 97.70612 0.00 0.20 0.76
5-year UST 99.8828125 0.00 0.00 0.00
10-year UST 99.421875 0.00 0.00 0.00
6M USD LIBOR 4.68213 -0.17 -8.86 -16.18
12M USD LIBOR 6.04143 1.36 5.43 10.20
Ukraine A29 59.75 -2.05 -2.85 -14.34
Ukraine A36 48.75 -2.50 -2.01 -10.55
Ukraine B36 45.75 -2.66 -3.17 -22.78
EMBI+ Ukraine 1,094.00 -4.20 0.74 37.84
CEMBI Ukraine 1,137.16 -0.02 2.12 4.51
Name Close 1D, % 1M, % YTD, %
UAH:USD (NBU) 41.79 0.03 -0.02 0.58
UAH:EUR (NBU) 48.22 0.98 1.58 -9.41
USD:GBP 1.34 0.01 -2.72 6.73
USD:EUR 1.16 -0.33 -2.00 11.56
PLN:USD 3.7 -0.69 -2.74 11.53
Name Close 1D, % 1M, % YTD, %
WTI Crude Oil ($/bbl) 66.71 0.91 1.82 -6.99
Corn ($/t) 155.0 -1.44 -5.69 -14.12
Wheat ($/t) 197.8 0.05 2.62 -2.36
Sugar ($/t) 362.3 0.86 3.92 -14.69
Ticker Currency Bid Ask Close 1D, %
AST PW PLN 47.15 47.50 47.50 0.00
FXPO LN GBp 46.05 46.10 46.10 -3.15
IMC PW PLN 25.80 26.30 25.80 -2.27
KER PW PLN 17.76 17.80 17.80 0.45
MHPC LI USD 5.22 5.26 5.22 -2.97
Ticker Currency Bid Ask Close 1D, %
Ticker Currency Bid Ask Close 1D, %

Calendar of events

In this section we have provided you with information on upcoming events that may interest you and your partners.
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