Research

Welcome to our research portal. We provide comprehensive coverage on Ukrainian macroeconomics and politics as well as all major domestic industries such as metals and mining, agriculture, machine-building, fuel and energy, banking and others from both the equities and fixed income perspectives. 

Market View

  • Fixed income

    The sovereign managed to close slightly higher, with some bids holding in the market since coming in late on Thursday. Long As remained the more popular spot on the curve. Among quasi-sovereigns and corporates, decent-sized trade went through in MHP 26 (1mio+ reported at 93.25). Thursday US hours also saw NAFTO 25 at 96.0, 28 at 78.5, all 1mio+ too, unchanged levels.

  • Equities

    Foreign-listed stocks had a mixed session on Friday, with the KP-Dragon index closing unchanged. In London, FXPO fell 2.2% on small turnover of $1.5m, while MHPC gained 3.2% to close at $5.16. In Warsaw, KER dropped 1.7% on low volume while AST rose 1.7% to PLN 60 in $0.2m. As volatility prevails in global markets, we expect Ukrainian equities to trade sideways today.

Ticker Currency Bid Ask Close 1D, %
AST PW PLN 58.3 59.0 59.0 0.5
MHPC LI USD 5.0 5.18 5.0 0.0
FXPO LN GBp 48.25 48.3 48.25 -1.0
IMC PW PLN 28.0 28.6 28.6 -1.4
KER PW PLN 17.66 17.7 17.7 -1.7
Ticker Currency Bid Ask Close 1D, %
KER PW PLN 17.66 17.7 17.7 -1.7
IMC PW PLN 28.0 28.6 28.6 -1.4
FXPO LN GBp 48.25 48.3 48.25 -1.0
MHPC LI USD 5.0 5.18 5.0 0.0
AST PW PLN 58.3 59.0 59.0 0.5
Ticker Currency Close 1D, % Volume
Name Close 1D, % 1M, % YTD, %
SPX 5948.94 -0.37 5.28 1.14
PFTS 505.45 0.00 0.00 0.54
DAX 24323.58 0.19 4.19 22.17
FTSE100 8811.04 0.11 2.50 7.81
KP-Dragon 2,160.38 -1.24 14.41 24.85
Name Close 1D, % 1M, % YTD, %
CDX.EM 97.11002 0.00 1.53 0.14
5-year UST 100.0078125 0.00 0.00 0.00
10-year UST 98.8125 0.00 0.00 0.00
6M USD LIBOR 4.68213 -0.17 -8.86 -16.18
12M USD LIBOR 6.04143 1.36 5.43 10.20
Ukraine A29 57.5 -4.56 -6.50 -17.56
Ukraine A36 44.0 -4.35 -10.20 -19.27
Ukraine B36 43.5 -6.45 -15.12 -26.58
EMBI+ Ukraine 1,032.00 3.51 -0.67 19.54
CEMBI Ukraine 986.24 0.07 -6.26 -9.36
Name Close 1D, % 1M, % YTD, %
UAH:USD (NBU) 41.47 0.03 0.32 1.34
UAH:EUR (NBU) 47.38 -0.37 -0.40 -7.79
USD:GBP 1.36 0.14 2.08 8.45
USD:EUR 1.14 0.18 1.09 10.47
PLN:USD 3.74 0.07 0.78 10.37
Name Close 1D, % 1M, % YTD, %
WTI Crude Oil ($/bbl) 62.85 -0.88 7.82 -12.37
Corn ($/t) 178.9 1.56 -5.75 -0.87
Wheat ($/t) 200.6 3.21 -0.50 -1.00
Sugar ($/t) 382.3 -0.63 -3.29 -9.97
Ticker Currency Bid Ask Close 1D, %
AST PW PLN 58.30 59.00 59.00 0.51
FXPO LN GBp 48.25 48.30 48.25 -1.03
IMC PW PLN 28.00 28.60 28.60 -1.38
KER PW PLN 17.66 17.70 17.70 -1.67
MHPC LI USD 5.00 5.18 5.00 0.00
Ticker Currency Bid Ask Close 1D, %
Ticker Currency Bid Ask Close 1D, %

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