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

    Another quiet day, with the sovereign up 25c generically (perhaps as a lot of the bad stuff got reflected in prior selling). Some A bonds closed +75c, with demand emerging for the first time during the week. Corporates stayed quiet but well bid. A few small trades were reported at rather high levels (METINV 26 - 90.0, NAFTO 28 - 77.25, VODUKR - 97.5, METINV 29 - 76.5).

  • Equities

    Ukrainian foreign-listed equities had a mixed session. In London, FXPO rose 2% to GBp 66.6 on small turnover of $1.4m, while MHPC edged 0.3% higher to $6.32. In Warsaw, KER lost 2.8%, AST dropped 1.3%, while IMC was printed 2.4% higher. KYIV closed 1.3% up at $13.9 on a volume of $6.6m. The KP-Dragon index thus rose 0.9% on the day. With mixed global markets, we expect Ukrainian equities to trade sideways today.

Ticker Currency Bid Ask Close 1D, %
AST PW PLN 45.3 45.35 45.35 1.7
MHPC LI USD 6.36 6.38 6.38 0.9
KYIV US USD 13.96 14.03 13.995 0.7
KER PW PLN 20.5 20.55 20.5 -2.4
FXPO LN GBp 64.0 64.1 64.0 -3.9
Ticker Currency Bid Ask Close 1D, %
IMC PW PLN 28.2 28.6 28.2 -4.7
FXPO LN GBp 64.0 64.1 64.0 -3.9
KER PW PLN 20.5 20.55 20.5 -2.4
KYIV US USD 13.96 14.03 13.995 0.7
MHPC LI USD 6.36 6.38 6.38 0.9
Ticker Currency Close 1D, % Volume
Name Close 1D, % 1M, % YTD, %
SPX 6837.86 -0.47 1.62 16.26
PFTS 458.79 0.00 0.00 -8.74
DAX 24046.01 0.07 2.02 20.78
FTSE100 9645.09 -0.23 -0.39 18.01
KP-Dragon 2,283.73 0.86 12.34 31.98
Name Close 1D, % 1M, % YTD, %
CDX.EM 98.60442 0.00 0.19 1.69
5-year UST 98.875 0.00 0.00 0.00
10-year UST 98.640625 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 -0.36 -1.79
Ukraine A36 53.75 -0.92 -0.92 -1.38
Ukraine B36 53.0 -0.93 5.47 -10.55
EMBI+ Ukraine 1,030.00 -1.53 -0.77 51.96
CEMBI Ukraine 1,253.64 -0.31 1.79 15.21
Name Close 1D, % 1M, % YTD, %
UAH:USD (NBU) 42.07 -0.03 -0.27 -0.10
UAH:EUR (NBU) 49.02 -0.06 -0.98 -10.89
USD:GBP 1.33 -0.02 1.14 6.46
USD:EUR 1.16 -0.03 0.70 12.40
PLN:USD 3.64 -0.26 0.62 13.44
Name Close 1D, % 1M, % YTD, %
WTI Crude Oil ($/bbl) 60.08 0.69 0.81 -16.23
Corn ($/t) 171.9 -0.23 0.34 -4.74
Wheat ($/t) 197.5 -0.65 -3.11 -2.54
Sugar ($/t) 326.3 -0.54 4.89 -23.16
Ticker Currency Bid Ask Close 1D, %
AST PW PLN 45.30 45.35 45.35 1.68
FXPO LN GBp 64.00 64.10 64.00 -3.90
IMC PW PLN 28.20 28.60 28.20 -4.73
KER PW PLN 20.50 20.55 20.50 -2.42
MHPC LI USD 6.36 6.38 6.38 0.95
KYIV US USD 13.96 14.03 13.99 0.68
Ticker Currency Bid Ask Close 1D, %
Ticker Currency Bid Ask Close 1D, %

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