EAVEX Weekly

December 07, 2015

Kyiv-listed stocks finished the week on a sharply minor note on Friday (Dec 4), taking a hit from weakness on European bourses after the European Central Bank’s latest stimulus efforts fell short of investors’ expectations. The UX index slumped 3.1% to 689 points, with all 10 local blue chips ending in the red. Recent gainer Raiffeisen Aval (BAVL) fell back 4.7% to 7.91 kopecks, and steel sector names Azovstal (AZST) and Alchevsk Steel (ALMK) dropped by 5.7% and 10.1% on very light turnover.