EAVEX Weekly

May 14, 2018
 

Trading in Kyiv-listed stocks continued in a light mode last week as the traditional May holiday period in Ukraine restrained market participants from any bold moves. Meanwhile, in foreign diplomatic activity, President Poroshenko met with German Chancellor Angela Merkel and French President Emmanuel Macron to discuss a “roadmap” for the implementation of the Minsk peace agreements with the involvement of a UN peacekeeping force in the Donbass conflict zone. The UX index fluctuated in a range of 1795-1840 points during the week, with the gauge ultimately adding 0.2% to close at 1814 points on Friday (May 11). Raiffeisen Bank Aval (BAVL) was the main loser among UX index components, declining by 1.0% to 35.50 kopecks, as the ex-rights date for the stock’s generous 6.90 kopeck dividend remains undetermined. CentrEnergo (CEEN) edged up 1.7% to UAH 21.25 after the government formally put the company on the 2018 privatization list, while DonbasEnergo (DOEN) shed 1.0% to UAH 22.00. TurboAtom