EAVEX Weekly

June 06, 2018
 

Ukraine’s main domestic equity index had a moderate rebound of 2.2% last week after dropping sharply by 10% over the preceding week after the ex-rights date for CentrEnergo’s dividend passed and the stock saw heavy losses. Quotes for CEEN now stands at UAH 16.75 after being above UAH 23 ahead of the deadline for the UAH 3.84 dividend per share payout. The UX index closed at 1677 points on Friday (Jun 1). Low liquidity DonbasEnergo (DOEN) was the best performing index component, jumping by 11% to UAH 24.35 per share. Raiffeisen Bank Aval (BAVL) was also a notable gainer, picking up 4.4% to close at 33.70 kopecks. UkrNafta (UNAF) continued to disappoint, trading at UAH 107 after losing nearly 6% over the last two weeks. Motor Sich’s (MSICH) stock remained frozen into a second month with no announcement on when circulation might be resumed.