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

    Yesterday was quiet and unchanged in the sovereign curve, with very light selling but not enough to push bonds materially lower. A few brokers were trying to trade new NAFTO bonds (sellers), but these are not yet set up on Bloomberg properly and some accounts have not yet received them, so any price discovery is still ahead. Better bids showed up in DTEK, initially at 90 and then at 90.5 in the afternoon.

  • Equities

    Ukrainian equities closed mixed yesterday, with the KP-Dragon index adding 0.7%. KYIV led the gainers, rising 3% to $14.22 on light turnover of $3.7m, followed by MHPC (+1.2% to $8.3) and IMC (+0.3%). On the downside, AST fell 1.7% to $43.6, while KER slipped 0.7%. Outside the index, SWRM plunged 18.2% to $46.18 on a solid trading volume of $28m. Mixed performance across global markets suggests sideways trading for Ukrainian names today.

Ticker Currency Bid Ask Close 1D, %
KYIV US USD 14.24 14.26 14.25 3.3
MHPC LI USD 8.2 8.3 8.3 1.2
IMC PW PLN 30.2 30.95 30.95 0.3
FXPO LN GBp _ _ _ 0.0
KER PW PLN 19.1 19.18 19.1 -0.7
Ticker Currency Bid Ask Close 1D, %
AST PW PLN 43.6 43.95 43.6 -1.7
KER PW PLN 19.1 19.18 19.1 -0.7
FXPO LN GBp _ _ _ 0.0
IMC PW PLN 30.2 30.95 30.95 0.3
MHPC LI USD 8.2 8.3 8.3 1.2
Ticker Currency Close 1D, % Volume
Name Close 1D, % 1M, % YTD, %
SPX 7510.12 0.90 0.13 9.71
PFTS 428.88 0.00 0.69 -7.01
DAX 25011.35 0.66 0.10 2.13
FTSE100 10585.91 0.58 2.15 6.59
KP-Dragon 2,119.11 -1.08 -3.55 -10.70
Name Close 1D, % 1M, % YTD, %
CDX.EM 98.06044 0.00 -0.18 -0.87
5-year UST 98.9140625 0.00 0.00 0.00
10-year UST 98.0 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 85.5 -0.58 0.29 14.38
Ukraine A36 70.0 -0.71 0.72 18.64
Ukraine B36 61.25 -0.81 0.41 7.93
EMBI+ Ukraine 664.00 0.00 -0.60 -42.19
CEMBI Ukraine 552.68 -1.09 -12.81 -56.61
Name Close 1D, % 1M, % YTD, %
UAH:USD (NBU) 44.75 -0.11 0.36 -5.36
UAH:EUR (NBU) 51.1 -0.01 0.62 -2.55
USD:GBP 1.34 -0.38 0.97 -0.70
USD:EUR 1.14 -0.11 -0.24 -2.94
PLN:USD 3.8 0.02 -1.48 -5.43
Name Close 1D, % 1M, % YTD, %
WTI Crude Oil ($/bbl) 83.23 0.90 8.66 44.95
Corn ($/t) 175.1 0.74 5.64 1.02
Wheat ($/t) 250.8 1.19 11.42 34.66
Sugar ($/t) 327.0 2.70 7.08 -1.20
Ticker Currency Bid Ask Close 1D, %
AST PW PLN 43.60 43.95 43.60 -1.69
FXPO LN GBp 0.00 0.00 0.00 0.00
IMC PW PLN 30.20 30.95 30.95 0.32
KER PW PLN 19.10 19.18 19.10 -0.73
MHPC LI USD 8.20 8.30 8.30 1.22
KYIV US USD 14.24 14.26 14.25 3.26
Ticker Currency Bid Ask Close 1D, %
Ticker Currency Bid Ask Close 1D, %

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