The sovereign curve closed 0.5-1pt lower amid not many market-moving headlines. Some light selling continued in long-end bonds while bids did not go higher than the mid-37 area. Corporates remained very firm, with Metinvest marked further higher.
The sovereign curve closed 0.5-1pt lower amid not many market-moving headlines. Some light selling continued in long-end bonds while bids did not go higher than the mid-37 area. Corporates remained very firm, with Metinvest marked further higher.
The KP-Dragon index rose by 3.2% yesterday as MHPC jumped by 3.9%, AST advanced by 3.2% and KER rose by 2.1% on a $0.26m volume. FXPO registered a 6% gain, closing at GBp 181 on average-sized $3.2m turnover while IMC finished unchanged. Weaker global markets point to a lower open in Ukrainian names today.
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| ENW LN | GBp | 20.0 | 20.5 | 20.25 | 1.0 |
| UTLM | UAH | _ | _ | _ | 0.0 |
| TATM | UAH | _ | _ | _ | 0.0 |
| KVBZ | UAH | _ | _ | _ | 0.0 |
| DOEN | UAH | _ | _ | _ | 0.0 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| MLK PW | PLN | 1.032 | 1.112 | 1.032 | -10.1 |
| FXPO LN | GBp | 169.6 | 169.7 | 169.6 | -6.5 |
| KSG PW | PLN | 2.58 | 2.6 | 2.6 | -5.1 |
| MHPC LI | USD | 4.64 | 4.8 | 4.65 | -3.1 |
| AST PW | PLN | 26.45 | 27.05 | 26.5 | -2.9 |
| Ticker | Currency | Close | 1D, % | Volume |
|---|---|---|---|---|
| FXPO LN | GBp | 169.6 | -6.5 | 261356.29 |
| KER PW | PLN | 28.38 | -1.1 | 195.86 |
| AST PW | PLN | 26.5 | -2.9 | 104.13 |
| KSG PW | PLN | 2.6 | -5.1 | 23.43 |
| MHPC LI | USD | 4.65 | -3.1 | 16.09 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| SPX | 3947.41 | -0.66 | -7.59 | -17.18 |
| PFTS | 519.2 | 0.00 | 0.00 | -0.68 |
| DAX | 13919.75 | -1.80 | -1.57 | -12.37 |
| FTSE100 | 7484.35 | -0.39 | -0.50 | 1.35 |
| MICEX | 2293.62 | -0.36 | 2.75 | -39.44 |
| KP-Dragon | 1,529.88 | 3.18 | -2.71 | -38.56 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| CDX.EM | 91.74593 | 0.00 | -0.85 | -4.38 |
| 5-year UST | 99.9765625 | 0.00 | 0.00 | 0.00 |
| 10-year UST | 100.984375 | 0.00 | 0.00 | 0.00 |
| 6M USD LIBOR | 2.06186 | -0.18 | 13.06 | 508.67 |
| 12M USD LIBOR | 2.718 | -0.44 | 4.27 | 366.11 |
| Ukraine 22 | 69.0 | -1.43 | 21.05 | -30.57 |
| Ukraine 33 | 35.5 | -6.58 | 7.58 | -59.89 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| UAH:USD (NBU) | 29.25 | 0.00 | 0.00 | -6.76 |
| UAH:EUR (NBU) | 31.34 | -0.53 | 0.33 | -1.34 |
| USD:GBP | 1.25 | 0.01 | -1.52 | -7.36 |
| USD:EUR | 1.07 | 0.03 | 0.18 | -5.59 |
| PLN:USD | 4.28 | -0.01 | 1.39 | -5.80 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| WTI Crude Oil ($/bbl) | 112.02 | -0.90 | 8.68 | 45.50 |
| Corn ($/t) | 309.5 | 0.96 | -0.85 | 32.53 |
| Wheat ($/t) | 437.2 | 1.82 | 11.68 | 54.40 |
| Sugar ($/t) | 435.9 | -0.90 | 2.75 | 4.71 |
| DCUAHTOT | 107.9 | 0.10 | 0.17 | 2.55 |
| DCPI | 63.04 | 1.98 | 6.20 | 48.71 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| AST PW | PLN | 26.45 | 27.05 | 26.50 | -2.93 |
| BAVL | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| CEEN | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| FXPO LN | GBp | 169.60 | 169.70 | 169.60 | -6.45 |
| IMC PW | PLN | 17.70 | 17.95 | 17.70 | -1.67 |
| KER PW | PLN | 28.38 | 28.50 | 28.38 | -1.11 |
| MHPC LI | USD | 4.64 | 4.80 | 4.65 | -3.12 |
| OVO PW | PLN | 41.40 | 44.80 | 44.80 | -0.44 |
| UNAF | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| MSICH | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| KSG PW | PLN | 2.58 | 2.60 | 2.60 | -5.11 |
| MLK PW | PLN | 1.03 | 1.11 | 1.03 | -10.10 |
| 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 |
| 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.