EAVEX Weekly

September 04, 2015

Kyiv-listed stocks rose moderately on Thursday (Sept 3) amid a dry local news flow. The UX index added 0.4% to end at 978 points. UkrNafta (UNAF) led the growth, gaining 1.4% to UAH 265 per share. We assume the stock has some upward momentum after it rebounded from a strong support level of UAH 250 last week. In the financial sector, Raiffeisen Aval (BAVL) climbed 0.8%, remaining in the same range in which its has been for the last couple of weeks.