EAVEX Weekly

March 29, 2021

Kyiv-listed stocks finished mixed for the second week in a row as corporate news flow continued to dominate on the market. Quotes for Raiffeisen Bank Aval (BAVL) dropped by 6.2% to 45.00 kopecks after the bank’s proposed dividend payout was far lower than initially expected. The bank is going to pay a 3.31 kopeck dividend per share from FY20 net profit of 6.63 kopecks per share. CentrEnergo (CEEN) fell 4.4% to UAH 8.60. On the upside, UkrNafta (UNAF) jumped by 17% to UAH 259 ahead of the company’s earnings result for 4Q20. It is expected that the company will show an enormous on-paper profit in December from the one-off large natural gas deal with its state-owned parent group NaftoGaz.