EAVEX Weekly

January 25, 2021

Ukrainian stocks remained on the rise last week, with the UX index posting a 2.7% gain to 1681 points. In individual names, CentrEnergo (CEEN) added 3.8% to UAH 8.30, ignoring information that the company faces problems with its coal supplies. CentrEnergo accused the DTEK conglomerate of contract violations regarding coal delivery volumes and pricing. Raiffeisen Bank Aval (BAVL) advanced by 7.0% to end at 46.00 kopecks as market players are hoping for a generous dividend of 6.15 kopecks from the bank’s FY20 profit. Quotes for UkrNafta (UNAF) were flat at UAH 192 per share. In second tier stocks, railcar producer Krukiv Wagon (KVBZ) moved up by 5.6% to UAH 19.00.