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

    Sovereigns broadly followed global/Iran-related market developments: opening down 25c before gradually recovering, with the A series closing up 50c. The B35/B34 gap narrowed to its tightest level at around 3pt, although skeptics would argue it is still 3pt too wide (with the A34–A35 curve at -1pt). Corporates were quiet, with a few small trades reported in Nafto 28 around 77, while DTEK continued to improve gradually.

  • Equities

    Foreign-listed Ukrainian stocks were mixed yesterday, with the KP-Dragon index edging up 1.4%. In London, MHP gained 2.9% to $9.98 on $0.175m turnover, while FXPO fell 6.8% to GBp28.6. In Warsaw, KER added 1.5%, AST inched up 1%, while IMC closed 3.5% lower. KYIV advanced 1.5% to $11.98 on low turnover. Mixed global markets suggest sideways trading for Ukrainian stocks today.

Ticker Currency Bid Ask Close 1D, %
MHPC LI USD 9.4 10.0 9.98 2.9
KYIV US USD 11.95 11.97 11.96 2.1
KER PW PLN 19.8 20.0 20.0 1.5
AST PW PLN 49.3 49.85 49.85 1.1
IMC PW PLN 35.7 36.0 36.0 -3.5
Ticker Currency Bid Ask Close 1D, %
FXPO LN GBp 28.58 28.6 28.58 -6.8
IMC PW PLN 35.7 36.0 36.0 -3.5
AST PW PLN 49.3 49.85 49.85 1.1
KER PW PLN 19.8 20.0 20.0 1.5
KYIV US USD 11.95 11.97 11.96 2.1
Ticker Currency Close 1D, % Volume
Name Close 1D, % 1M, % YTD, %
SPX 7216.59 1.13 10.54 5.42
PFTS 429.13 0.00 -6.75 -6.96
DAX 24292.38 1.41 7.11 -0.81
FTSE100 10378.82 1.62 1.99 4.51
KP-Dragon 2,185.17 0.77 4.25 -7.92
Name Close 1D, % 1M, % YTD, %
CDX.EM 97.14458 0.00 1.43 -1.80
5-year UST 99.3515625 0.00 0.00 0.00
10-year UST 97.90625 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 77.5 0.00 9.54 3.68
Ukraine A36 59.0 0.00 14.01 0.00
Ukraine B36 50.5 -0.98 8.60 -11.01
EMBI+ Ukraine 934.00 2.52 -16.31 -14.07
CEMBI Ukraine 821.46 -0.33 -0.17 -35.51
Name Close 1D, % 1M, % YTD, %
UAH:USD (NBU) 43.96 0.27 -0.10 -3.66
UAH:EUR (NBU) 51.46 0.24 -1.95 -3.23
USD:GBP 1.36 0.96 2.86 0.96
USD:EUR 1.17 0.50 1.58 -0.09
PLN:USD 3.63 0.62 2.45 -1.00
Name Close 1D, % 1M, % YTD, %
WTI Crude Oil ($/bbl) 106.88 6.95 7.27 86.14
Corn ($/t) 183.2 0.98 0.70 5.68
Wheat ($/t) 238.4 4.42 7.27 28.01
Sugar ($/t) 311.1 2.02 -10.47 -6.00
Ticker Currency Bid Ask Close 1D, %
AST PW PLN 49.30 49.85 49.85 1.12
FXPO LN GBp 28.58 28.60 28.58 -6.84
IMC PW PLN 35.70 36.00 36.00 -3.49
KER PW PLN 19.80 20.00 20.00 1.52
MHPC LI USD 9.40 10.00 9.98 2.89
KYIV US USD 11.95 11.97 11.96 2.13
Ticker Currency Bid Ask Close 1D, %
Ticker Currency Bid Ask Close 1D, %

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