The sovereign curve was pulled in the opposite directions by the EM HY weakness and positive Ukraine-specific headlines. The broader weakness ultimately prevailed, with the curve closing 0.5-0.75pt lower.
The sovereign curve was pulled in the opposite directions by the EM HY weakness and positive Ukraine-specific headlines. The broader weakness ultimately prevailed, with the curve closing 0.5-0.75pt lower.
The local UX index rose by 1.3% on Friday on support in CEEN (+6.2%). FXPO was the best performer among foreign-listed names, hovering near GBp 180.5 intra-day but closing at GBp 176 or 2.6% up. Agros were generally weaker, with KER closing 1.8% lower at PLN 41.25 and MHPC and AST each losing 1.3%. As a result, the KP-Dragon index finished the day 0.2% higher. With a positive mood prevailing in the global markets, we expect Ukrainian equities to trade higher as well. FXPO may enjoy buying support on stronger iron ore prices.
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| MLK PW | PLN | 0.5 | 0.518 | 0.518 | 10.0 |
| FXPO LN | GBp | 183.7 | 184.0 | 184.0 | 4.6 |
| IMC PW | PLN | 12.0 | 12.25 | 12.25 | 3.8 |
| JKX LN | GBp | 17.5 | 18.5 | 18.0 | 2.9 |
| AST PW | PLN | 15.95 | 16.15 | 16.1 | 1.9 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| AGT PW | PLN | 3.78 | 3.81 | 3.78 | -3.3 |
| TATM | UAH | _ | _ | _ | 0.0 |
| KVBZ | UAH | _ | _ | _ | 0.0 |
| DOEN | UAH | _ | _ | _ | 0.0 |
| RPT LN | GBp | _ | _ | _ | 0.0 |
| Ticker | Currency | Close | 1D, % | Volume |
|---|---|---|---|---|
| FXPO LN | GBp | 184.0 | 4.6 | 267527.65 |
| ENW LN | GBp | 14.95 | 0.0 | 5956 |
| JKX LN | GBp | 18.0 | 2.9 | 665.78 |
| KER PW | PLN | 42.0 | 1.8 | 78.24 |
| AST PW | PLN | 16.1 | 1.9 | 57.75 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| SPX | 3055.83 | 0.38 | 7.95 | -5.42 |
| UX | _ | 0.00 | 0.00 | 0.00 |
| PFTS | 500.14 | 0.00 | -0.05 | -1.87 |
| DAX | 11586.85 | -1.65 | 6.68 | -12.55 |
| FTSE100 | 6166.42 | 1.48 | 7.00 | -18.24 |
| MICEX | 2750.24 | 0.56 | 3.76 | -9.71 |
| KP-Dragon | 1,443.13 | 0.20 | 10.38 | -15.01 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| CDX.EM | 91.2673 | 0.00 | 3.05 | -5.56 |
| 5-year UST | 99.7421875 | 0.00 | 0.00 | 0.00 |
| 10-year UST | 99.6875 | 0.00 | 0.00 | 0.00 |
| 6M USD LIBOR | 0.50975 | -1.02 | -36.67 | -73.34 |
| 12M USD LIBOR | 0.6735 | -0.50 | -25.05 | -66.26 |
| Ukraine 32 | 96.0 | 0.26 | 7.26 | -10.18 |
| Ukraine 20 | 99.75 | -0.50 | 2.31 | -3.04 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| UAH:USD (NBU) | 26.82 | 0.19 | 0.53 | -11.68 |
| UAH:EUR (NBU) | 29.8 | 0.41 | -1.71 | -11.35 |
| USD:GBP | 1.25 | 0.26 | 0.51 | -5.78 |
| USD:EUR | 1.11 | 0.02 | 2.13 | -0.86 |
| PLN:USD | 3.95 | 0.02 | 5.70 | -4.12 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| Corn ($/t) | 323.5 | -0.54 | 4.01 | -16.44 |
| WTI Crude Oil ($/bbl) | 35.44 | -0.14 | 79.17 | -41.96 |
| Sugar ($/t) | 10.95 | 0.82 | 0.27 | -18.03 |
| Wheat ($/t) | 515.5 | -1.01 | -1.15 | -7.74 |
| DCPI | 15.62 | 0.37 | 4.62 | -16.03 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| AST PW | PLN | 15.95 | 16.15 | 16.10 | 1.90 |
| AVGR LI | USD | 0.00 | 0.19 | 0.19 | 0.53 |
| BAVL | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| CEEN | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| FXPO LN | GBp | 183.70 | 184.00 | 184.00 | 4.60 |
| IMC PW | PLN | 12.00 | 12.25 | 12.25 | 3.81 |
| KER PW | PLN | 41.65 | 42.00 | 42.00 | 1.82 |
| MHPC LI | USD | 5.92 | 6.00 | 6.00 | 0.00 |
| OVO PW | PLN | 71.00 | 74.50 | 74.50 | 1.30 |
| UNAF | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| KVBZ | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| TATM | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| UTLM | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| ENW LN | GBp | 14.00 | 15.90 | 14.95 | 0.00 |
| MSICH | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| ALAGR FP | EUR | 0.11 | 0.11 | 0.11 | 0.00 |
| AGT PW | PLN | 3.78 | 3.81 | 3.78 | -3.34 |
| DUPD LN | GBp | 0.00 | 0.00 | 10.90 | 0.00 |
| KSG PW | PLN | 1.20 | 1.26 | 1.26 | 0.00 |
| MLK PW | PLN | 0.50 | 0.52 | 0.52 | 10.00 |
| RPT LN | GBp | 0.00 | 0.00 | 0.00 | 0.00 |
| UKR LN | GBp | 5.15 | 7.00 | 6.08 | 0.83 |
| DOEN | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|