EAVEX Weekly

October 23, 2017
 

Kyiv-listed stocks finished higher last week as investors shrugged off a round of anti-government demonstrations in the capital. Several thousand protesters from diverse opposition groups ranging from reformist liberals to militant nationalists rallied outside Parliament on Tuesday (Oct 17), with some hard-liners calling for President Poroshenko to step down. Among the demands of protest leaders are the abolition of single-mandate districts in national parliamentary elections. Other frequently-heard demands are the establishment of a court system focused exclusively on corruption cases court and the end of MPs’ immunity from criminal prosecution. The UX index gained 1.3% to close at 1235 points. Low-liquidity UX index member DonbasEnergo (DOEN) was the growth leader among blue chips for the second week in a row, rising 3.2% to UAH 17.50. CentrEnergo (CEEN) advanced by 2.4% to UAH 11.16 while Motor Sich (MSICH) was unchanged at UAH 2945. Raiffeisen Bank Aval (BAVL), which is the star