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. 

Most popular content

Market View

  • Fixed income

    The market was in solid shape for most of the day, with bonds up 25-50c (again) at one point. The afternoon brought some selling as global markets turned lower following US data. The long end closed unchanged, with the 29s underperforming.

  • Equities

    Local equities had a quiet day yesterday, with the UX index inching 0.1% lower. Abroad, FXPO was one of the worst performers among liquid names, testing the GBp 324 level intra-day but closing at GBp 330 (-4.7%) on $5.3m turnover. Agriculture was mixed: KER and AST rose by 4.6% and 1.4%, respectively, while MHPC lost 2%. As a result, the broader KP-Dragon index shed 0.2% on the day. As global markets remain volatile, we expect Ukrainian equities to trade sideways today. We may see further selling pressure in FXPO as iron ore prices keep correcting.

Daily show all results

17.09.2021
| Daily

Real GDP up 2.1% y-o-y in 7M21 — Economy Ministry

The Economy Ministry estimated real GDP increased by 2.1% y-o-y in 7M21, accelerating from 1.7% in 1H21 and -6.2% in 7M20.
17.09.2021
| Daily

DTEK Oil & Gas — Reports 1H21 EBITDA of $125m

DTEK Oil & Gas B.V. (DOG) reported 1H21 revenues of $196m (+59% y-o-y), EBITDA of $125m (+37%), and net income of $109m (up from $3m in 1H20). The company reported natural gas production of 0.97 bcm (+10% y-o-y).
17.09.2021
| Daily

Kernel Holding — Fitch revises rating outlook to Positive

Fitch Ratings affirmed its long-term issuer default rating on Kernel at BB-, revising the outlook to Positive from Stable,. The revision reflected Fitch’s expectations that Kernel will maintain its conservative capital structure after completion...

Reports show all results

13.09.2021
| Reports

Ukraine Strategy Weekly: Prevailing Negative Sentiment Partly Offset By MHP

Similar to a week earlier, the local UX index dropped w-o-w (-0.8% in UAH but +0.4% in USD on hryvnia appreciation).
13.09.2021
| Reports

Ukrainian Bond Weekly

An IMF online mission may restart the first review of Ukraine’s $5.0bn SBA within 10-12 days, on Sep. 21-23, Vladyslav Rashkovan, the Fund’s alternate executive director for Ukraine, said at the weekend.
07.09.2021
| Reports

Ukrainian Banks: Raiffeisen Bank and Sector 1H21 Updates

RB improved profitability in 1H21, booking stand-alone net income of UAH 2.3bn ($84m; +13% y-o-y) or a ROE of 35%. Net loans expanded by 25% y-o-y over the period.
Ticker Currency Bid Ask Close 1D, %
ENW LN GBp 36.2 36.5 36.35 6.3
KER PW PLN 62.6 63.3 63.3 2.1
AGT PW PLN 8.42 8.5 8.5 1.9
MHPC LI USD 7.0 7.04 7.0 1.7
JKX LN GBp 39.5 40.5 40.5 1.2
Ticker Currency Bid Ask Close 1D, %
FXPO LN GBp 323.2 323.4 323.2 -2.2
MLK PW PLN 1.03 1.055 1.05 -1.9
AST PW PLN 50.5 50.6 50.6 -1.4
ALAGR FP EUR 0.1835 0.184 0.1835 -0.8
KSG PW PLN 4.09 4.14 4.14 -0.5
Ticker Currency Close 1D, % Volume
FXPO LN GBp 323.2 -2.2 1305679.33
JKX LN GBp 40.5 1.2 25371.07
ENW LN GBp 36.35 6.3 15203.43
KER PW PLN 63.3 2.1 3093.14
AST PW PLN 50.6 -1.4 192.54
Name Close 1D, % 1M, % YTD, %
SPX 4438.86 -0.78 -0.21 18.18
UX _ 0.00 0.00 0.00
PFTS 526.25 0.00 -0.04 5.30
DAX 15490.17 -1.03 -2.71 12.91
FTSE100 6963.64 -0.91 -3.03 7.79
MICEX 4035.17 -0.25 2.34 22.69
KP-Dragon 2,722.16 -0.23 3.35 36.06
Name Close 1D, % 1M, % YTD, %
CDX.EM 97.55875 0.00 0.42 -0.02
5-year UST 99.4296875 0.00 0.00 0.00
10-year UST 98.890625 0.00 0.00 0.00
6M USD LIBOR 0.1495 0.75 -3.78 -41.97
12M USD LIBOR 0.22425 1.18 -5.28 -34.41
Ukraine 22 104.5 -0.48 -0.24 -2.34
Ukraine 33 105.5 -0.94 1.08 -3.43
Name Close 1D, % 1M, % YTD, %
UAH:USD (NBU) 26.7 -0.13 -0.10 5.83
UAH:EUR (NBU) 31.46 -0.29 -0.26 10.09
USD:GBP 1.37 -0.33 0.07 0.63
USD:EUR 1.17 -0.25 0.19 -4.04
PLN:USD 3.91 -0.51 -0.34 -4.52
Name Close 1D, % 1M, % YTD, %
Corn ($/t) 527.0 -0.33 -5.46 9.04
WTI Crude Oil ($/bbl) 71.63 -1.35 7.57 47.63
Sugar ($/t) 19.16 -1.59 -4.20 23.82
Wheat ($/t) 707.5 -0.81 -3.71 10.42
DCPI 41.59 -1.06 2.20 41.62
Ticker Currency Bid Ask Close 1D, %
AST PW PLN 50.50 50.60 50.60 -1.36
BAVL UAH 0.00 0.00 0.00 0.00
CEEN UAH 0.00 0.00 0.00 0.00
FXPO LN GBp 323.20 323.40 323.20 -2.18
IMC PW PLN 31.30 31.80 31.80 0.00
KER PW PLN 62.60 63.30 63.30 2.10
MHPC LI USD 7.00 7.04 7.00 1.74
OVO PW PLN 72.50 75.50 75.50 0.67
UNAF UAH 0.00 0.00 0.00 0.00
Ticker Currency Bid Ask Close 1D, %
ENW LN GBp 36.20 36.50 36.35 6.29
ALAGR FP EUR 0.18 0.18 0.18 -0.81
AGT PW PLN 8.42 8.50 8.50 1.92
KSG PW PLN 4.09 4.14 4.14 -0.48
MLK PW PLN 1.03 1.05 1.05 -1.87
UKR LN GBp 4.50 6.00 5.25 0.00
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
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.
Clear filters
No events found
© 2000-2021 Dragon Capital
Frontmen Agency