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 spent a quiet day (unlike Wednesday), finishing broadly unchanged amid some demand for B30. Warrants took a step back (-1.25pt), perhaps as enthusiasm around C32’s valuation dissipated a little, but also as there seemed to a be a certain pushback from the holders of As and Bs to the restructuring terms. Corporates were uneventful too, with light two-way flow in METINV 27, 29 and MHP 29.

  • Equities

    The KP-Dragon index rose by 0.3% yesterday despite mixed trading across stocks. MHPC jumped 4.3% to $6.3 on small volume, while KYIV inched up 0.1% in $7.5m turnover. Other stocks fell, with FXPO -4.8%, IMC -3.7%, and KER and AST down 0.5% and 0.2%, respectively, on tiny volumes. With mixed global markets, we expect Ukrainian equities to trade sideways today.

Ticker Currency Bid Ask Close 1D, %
IMC PW PLN 28.3 28.8 28.8 2.4
FXPO LN GBp 66.5 66.6 66.6 2.1
KYIV US USD 13.87 13.89 13.89 1.2
MHPC LI USD 6.22 6.32 6.32 0.3
AST PW PLN 44.6 44.65 44.6 -1.3
Ticker Currency Bid Ask Close 1D, %
KER PW PLN 20.7 20.8 20.7 -2.8
AST PW PLN 44.6 44.65 44.6 -1.3
MHPC LI USD 6.22 6.32 6.32 0.3
KYIV US USD 13.87 13.89 13.89 1.2
FXPO LN GBp 66.5 66.6 66.6 2.1
Ticker Currency Close 1D, % Volume
Name Close 1D, % 1M, % YTD, %
SPX 6869.78 0.18 1.08 16.80
PFTS 458.79 0.00 0.00 -8.74
DAX 24028.14 0.61 -0.09 20.69
FTSE100 9667.01 -0.45 -1.13 18.28
KP-Dragon 2,264.26 0.28 11.21 30.85
Name Close 1D, % 1M, % YTD, %
CDX.EM 98.61028 0.00 0.26 1.69
5-year UST 99.0390625 0.00 0.00 0.00
10-year UST 98.890625 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 68.5 -0.72 0.37 -1.79
Ukraine A36 53.75 0.47 -0.46 -1.38
Ukraine B36 53.0 -0.47 5.47 -10.55
EMBI+ Ukraine 1,046.00 0.29 -1.23 52.42
CEMBI Ukraine 1,257.49 -0.24 1.61 15.56
Name Close 1D, % 1M, % YTD, %
UAH:USD (NBU) 42.06 0.30 0.02 -0.06
UAH:EUR (NBU) 49 0.47 -1.35 -10.84
USD:GBP 1.33 0.04 2.17 6.53
USD:EUR 1.16 0.01 1.33 12.47
PLN:USD 3.63 0.08 1.90 13.69
Name Close 1D, % 1M, % YTD, %
WTI Crude Oil ($/bbl) 59.67 1.22 -1.47 -16.80
Corn ($/t) 172.3 1.45 1.45 -4.53
Wheat ($/t) 198.8 0.60 -1.68 -1.90
Sugar ($/t) 328.1 -0.33 4.64 -22.74
Ticker Currency Bid Ask Close 1D, %
AST PW PLN 44.60 44.65 44.60 -1.33
FXPO LN GBp 66.50 66.60 66.60 2.15
IMC PW PLN 28.30 28.80 28.80 2.42
KER PW PLN 20.70 20.80 20.70 -2.82
MHPC LI USD 6.22 6.32 6.32 0.32
KYIV US USD 13.87 13.89 13.89 1.24
Ticker Currency Bid Ask Close 1D, %
Ticker Currency Bid Ask Close 1D, %

Calendar of events

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