The sovereign was 50c lower, in line with general selling pressure in global markets. In the corporate space, DTEKOG was very well bid (55+), while a 54 print in METINV 26 suggested a slightly lower context there.
The sovereign was 50c lower, in line with general selling pressure in global markets. In the corporate space, DTEKOG was very well bid (55+), while a 54 print in METINV 26 suggested a slightly lower context there.
It was a quiet day in the local market, while foreign-listed names were generally weaker. IMC dropped by 6.5% to PLN 14.5 on tiny turnover, FXPO slid by 5.2% to GBp 160 in $1.45m, KER lost 3.3% in $0.17m, and MHPC and AST were up 2.4% and 0.4%, respectively. As a result, the broader KP-Dragon index lost 2% on the day. As volatility prevails in global markets, we expect Ukrainian equities to trade sideways today.
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| MLK PW | PLN | 0.89 | 0.896 | 0.896 | 4.5 |
| MHPC LI | USD | 3.39 | 3.5 | 3.39 | 2.4 |
| AST PW | PLN | 23.7 | 23.75 | 23.75 | 0.4 |
| OVO PW | PLN | 41.6 | 42.0 | 42.0 | 0.0 |
| MSICH | UAH | _ | _ | _ | 0.0 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| IMC PW | PLN | 14.55 | 14.85 | 14.55 | -6.5 |
| FXPO LN | GBp | 160.6 | 160.7 | 160.7 | -5.2 |
| ENW LN | GBp | 16.1 | 17.5 | 16.8 | -4.0 |
| KER PW | PLN | 18.61 | 18.67 | 18.67 | -3.3 |
| KSG PW | PLN | 2.16 | 2.17 | 2.16 | -1.4 |
| Ticker | Currency | Close | 1D, % | Volume |
|---|---|---|---|---|
| 2 | 2 | 2 | 2.0 | 2 |
| 0.0 | ||||
| I | I | I | 0.0 | I |
| / | / | / | 0.0 | / |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| SPX | 4024.21 | -1.14 | 4.81 | 4.81 |
| PFTS | 507.03 | 0.00 | -2.34 | -2.34 |
| DAX | 15126.08 | -0.16 | 8.64 | 8.64 |
| FTSE100 | 7784.87 | 0.25 | 4.47 | 4.47 |
| MICEX | 2204.41 | 0.69 | 2.33 | 2.33 |
| KP-Dragon | 1,169.34 | -0.82 | -0.22 | -0.83 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| CDX.EM | 94.79045 | 0.00 | 0.68 | 0.68 |
| 5-year UST | 99.203125 | 0.00 | 0.00 | 0.00 |
| 10-year UST | 104.71875 | 0.00 | 0.00 | 0.00 |
| 6M USD LIBOR | 5.10229 | 0.00 | -0.99 | -0.71 |
| 12M USD LIBOR | 5.31614 | 0.29 | -2.35 | -3.03 |
| Ukraine 22 | 34.0 | -6.85 | -31.31 | -65.79 |
| Ukraine 33 | 22.5 | -2.17 | 15.38 | -74.58 |
| Ukraine 24 | 24.0 | -5.88 | -7.69 | -7.69 |
| Ukraine 35 | 19.5 | -7.14 | 0.00 | 0.00 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| UAH:USD (NBU) | 36.57 | 0.00 | 0.00 | 0.00 |
| UAH:EUR (NBU) | 39.88 | -0.32 | -2.10 | -2.10 |
| USD:GBP | 1.24 | -0.11 | 2.52 | 2.21 |
| USD:EUR | 1.08 | -0.10 | 1.74 | 1.33 |
| PLN:USD | 4.34 | -0.08 | 0.84 | 0.73 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| WTI Crude Oil ($/bbl) | 77.9 | -2.23 | -2.94 | -2.94 |
| Corn ($/t) | 268.9 | 0.07 | 1.22 | 0.66 |
| Wheat ($/t) | 275.6 | -0.33 | -3.16 | -5.30 |
| Sugar ($/t) | 462.2 | 1.35 | 3.15 | 4.59 |
| DCUAHTOT | 102.5 | 0.01 | 0.75 | 0.35 |
| DCPI | 140.04 | -0.01 | -0.23 | -2.85 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| AST PW | PLN | 23.70 | 23.75 | 23.75 | 0.42 |
| BAVL | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| CEEN | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| FXPO LN | GBp | 160.60 | 160.70 | 160.70 | -5.19 |
| IMC PW | PLN | 14.55 | 14.85 | 14.55 | -6.45 |
| KER PW | PLN | 18.61 | 18.67 | 18.67 | -3.26 |
| MHPC LI | USD | 3.39 | 3.50 | 3.39 | 2.42 |
| OVO PW | PLN | 41.60 | 42.00 | 42.00 | 0.00 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| MLK PW | PLN | 0.89 | 0.90 | 0.90 | 4.55 |
| DOEN | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 |
| MSICH | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| KSG PW | PLN | 2.16 | 2.17 | 2.16 | -1.37 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|
Notes:
*The Dragon Capital Terms of Trade Index (Bloomberg ticker: DCUAHTOT) measures the relative dynamics of key commodities exported and imported by Ukraine, including wheat, corn, sunflower oil, steel, iron ore, crude oil and natural gas. The index is set equal to 100 in the base year of 2019. Higher index values mean export prices outperform import prices, and vice versa. For more information, please refer to this research note (link) or contact your Dragon Capital contact person.
***Dragon Commodity Price Index (DCPI) is an equally weighted price index launched in 2007 to track tracks prices of all key commodities, which Ukraine either consumes or exports. The DCPI currently includes prices of wheat, sunflower oil, sugar, corn, natural gas, crude oil, hot rolled steel, iron ore and thermal coal. The DCPI is calculated on a daily basis from base level of one set for Dec. 31, 2000.