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 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.

  • Equities

    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, %

Calendar of events

In this section we have provided you with information on upcoming events that may interest you and your partners.
No events found