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

    • President Volodymyr Zelensky, addressing a conference on land reform yesterday, confirmed his administration’s intentions to implement the reform, saying the right to buy and sell farmland would be awarded to Ukrainian citizens and Ukrainian legal entities only.

    •  

  • Equities

    The local market remained quiet yesterday, with the UX index closing unchanged. Agro-names were generally weaker, with IMC and AST both declining by 1.6% and MHP (+0.5%) partially offsetting their losses. FXPO tested the GBp 181.95 level intra-day and closed at GBp 186.3 or 3.4% down. As a result, the broader KP-Dragon index lost 1.4% on the day. With mixed global markets, we expect Ukrainian equities to trade sideways today.

Daily show all results

20.09.2019
| Daily

President, PM comment on land reform

President Volodymyr Zelensky, addressing a conference on land reform yesterday, confirmed his administration’s intentions to implement the reform, saying the right to buy and sell farmland would be awarded to Ukrainian citizens and Ukrainian legal...
20.09.2019
| Daily

Naftogaz, Gazprom and EU hold talks on gas transit

Ukraine, Russia and the EU held yesterday a new round of talks to discuss gas transit via Ukraine after Jan. 1, 2020. Naftogaz Ukrainy noted a change in Gazprom’s attitude towards potential signature of new transit contracts in agreement with...
20.09.2019
| Daily

MHP — To redeem 2020 notes Oct. 21

LSE-listed MHP, Ukraine’s largest poultry producer, will redeem, on Oct. 21, the outstanding $79.4m of its 8.25% Notes maturing in 2020 in accordance with relevant terms.

Reports show all results

16.09.2019
| Reports

Ukraine Strategy Weekly: More Political News Ahead; More Upbeat This Week

Ukrainian equities demonstrated the same performance as two weeks ago: a small decline in the KP-Dragon index (-0.3% w-o-w) and a gain on the local UX index (+0.5% in UAH, but +2.5% in USD due to strong weekly hryvnia appreciation). In terms of...
16.09.2019
| Reports

Ukrainian Bond Weekly

The government’s domestic bond auction on Tuesday will traditionally remain in focus, as foreign investor demand may continue to recover, fueled by IMF-related headlines.
11.09.2019
| Reports

Kernel Holding: Strong 2019FYE Financial Results and Deleveraging Support a “Buy”

Factoring in Kernel’s strong 2019FY operating and financial performance, we upgrade our fair value estimate for the stock to $16.85/share (PLN 67.05), up 11% from our previous valuation and 49% above the stock’s current market price, continuing to...
Ticker Currency Bid Ask Close 1D, %
RPT LN GBp 34.0 36.0 35.0 1.4
ALAGR FP EUR 0.1095 0.11 0.11 0.5
MHPC LI USD 8.66 8.78 8.72 0.5
TATM UAH _ _ _ 0.0
KVBZ UAH _ _ _ 0.0
Ticker Currency Bid Ask Close 1D, %
AGT PW PLN 2.7055 2.75 2.75 -9.2
OVO PW PLN 75.5 77.0 75.5 -3.8
FXPO LN GBp 186.1 186.3 186.3 -3.4
AST PW PLN 22.3 22.4 22.4 -1.8
IMC PW PLN 15.1 15.65 15.45 -1.6
Ticker Currency Close 1D, % Volume
FXPO LN GBp 186.3 -3.4 701281.33
JKX LN GBp 30.0 0.0 4922.69
RPT LN GBp 35.0 1.4 1562
MHPC LI USD 8.72 0.5 1327.11
KER PW PLN 43.4 0.0 1020.18
Name Close 1D, % 1M, % YTD, %
SPX 3006.79 0.00 3.66 19.94
UX _ 0.00 0.00 0.00
PFTS 516.9538 0.00 -3.71 -7.58
DAX 12457.7 0.55 6.92 17.98
FTSE100 7356.42 0.58 3.25 9.34
MICEX 2794.77 -0.85 4.56 17.96
KP-Dragon 1,766.35 -1.37 -7.09 -11.52
Name Close 1D, % 1M, % YTD, %
CDX.EM 95.58936 0.00 0.52 0.37
5-year UST 98.1328125 0.00 0.00 0.00
10-year UST 98.734375 0.00 0.00 0.00
6M USD LIBOR 2.0815 -0.18 3.21 -27.62
12M USD LIBOR 2.0645 -0.04 6.14 -31.31
Ukraine 32 103.25 -0.36 4.03 28.46
Ukraine 20 102.5 -0.36 -0.36 5.67
Name Close 1D, % 1M, % YTD, %
UAH:USD (NBU) 24.62 0.21 2.27 12.47
UAH:EUR (NBU) 27.24 0.09 2.60 16.41
USD:GBP 1.26 0.61 3.25 -1.40
USD:EUR 1.11 0.13 -0.36 -3.43
PLN:USD 3.92 0.23 0.13 -4.53
Name Close 1D, % 1M, % YTD, %
Corn ($/t) 371.75 -0.27 3.41 -0.87
WTI Crude Oil ($/bbl) 58.13 0.03 3.42 28.01
Sugar ($/t) 11.04 -0.09 -4.18 -8.65
Wheat ($/t) 485.75 -0.46 5.60 -3.48
DCPI 17.71 0.32 -1.38 -5.22
Ticker Currency Bid Ask Close 1D, %
AST PW PLN 22.30 22.40 22.40 -1.75
AVGR LI USD 0.00 0.00 0.25 0.00
BAVL UAH 0.00 0.00 0.00 0.00
CEEN UAH 0.00 0.00 0.00 0.00
FXPO LN GBp 186.10 186.30 186.30 -3.42
IMC PW PLN 15.10 15.65 15.45 -1.59
KER PW PLN 43.40 43.55 43.40 0.00
MHPC LI USD 8.66 8.78 8.72 0.46
OVO PW PLN 75.50 77.00 75.50 -3.82
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
MSICH UAH 0.00 0.00 0.00 0.00
ALAGR FP EUR 0.11 0.11 0.11 0.46
AGT PW PLN 2.71 2.75 2.75 -9.24
DUPD LN GBp 10.50 11.00 10.75 7.50
JKX LN GBp 29.60 30.40 30.00 0.00
KSG PW PLN 0.98 1.00 1.00 0.00
MLK PW PLN 0.20 0.45 0.45 0.00
RPT LN GBp 34.00 36.00 35.00 1.45
UKR LN GBp 2.02 3.98 3.00 0.00
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.
Clear filters
No events found
© 2000-2018 Dragon Capital
Frontmen Agency