EAVEX Weekly

October 16, 2018

The UX added 1.3% for the week to close at 1690 points, showing no reaction to the rather heavy selloff seen on major Western bourses. UkrNafta (UNAF) was the second biggest gainer among five UX index components, picking up 3.2% to UAH 113 after the company reported a 20% YoY jump in its oil output for the third quarter. On the downside, DonbasEnergo (DOEN) shed 1.9% to UAH 26.00 and TurboAtom (TATM) slipped 1.0% to UAH 13.60. Top financial name Raiffaisen Bank Aval (BAVL) was unchanged at 31.90 kopecks. In London trading, Ferrexpo (FXPO) climbed 3.8% to GBp 225 after an encouraging 3Q production report, and JKX Oil&Gas (JKX) jumped 5% reacting on 8% YoY increase in output in the recently-ended quarter.