EAVEX Weekly

February 24, 2016

Kyiv-listed stocks ended mixed on Tuesday (Feb 23) after Fitch Ratings reiterated that Ukraine’s sovereign credit profile remains totally dependent on official lenders’ positions and whether IMF disbursements are further delayed. The sovereign rating was raised by Fitch to ‘CCC’ from ‘RD’ last November after the country completed its private-sector debt restructuring. The UX index picked up 0.6% to close at 630 points.