Trading yesterday was all about the Naftogaz deal (we are still awaiting an official update on the status) amid fairly challenging market conditions. The sovereign curve closed slightly lower, especially in high cash price bonds, while the 32s managed to grind 0.25pt stronger, perhaps supported by short covering. Quasi-sovereigns and corporates were under some pressure from the Naftogaz valuation, with light selling visible in that space (-0.25pt on average).
The local PFTS index rose by 1.5% yesterday on support in UNAF (+3.4%), BAVL (+3.3%) and CEEN (+0.2%). Foreign-listed stocks closed mixed: FXPO dipped by 0.3%, MHPC was flat, and AST lost 2.3%. IMC was the best performer, adding 1.7% in slim volume. As a result, the broader KP-Dragon index rose by 0.5% on the day. With Asian indices and global futures trading lower, we expect a weaker opening today.
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| UKR LN | GBp | 4.0 | 4.5 | 4.5 | 5.9 |
| IMC PW | PLN | 12.2 | 12.45 | 12.45 | 3.7 |
| KER PW | PLN | 52.7 | 52.9 | 52.8 | 2.9 |
| AGT PW | PLN | 4.24 | 4.38 | 4.38 | 0.9 |
| UNAF | UAH | _ | _ | _ | 0.0 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| RPT LN | GBp | 52.5 | 55.0 | 53.5 | -3.6 |
| JKX LN | GBp | 40.0 | 41.0 | 40.5 | -2.4 |
| FXPO LN | GBp | 206.0 | 206.8 | 206.2 | -1.7 |
| ALAGR FP | EUR | 0.184 | 0.19 | 0.1895 | -0.3 |
| UNAF | UAH | _ | _ | _ | 0.0 |
| Ticker | Currency | Close | 1D, % | Volume |
|---|---|---|---|---|
| FXPO LN | GBp | 206.2 | -1.7 | 25546.77 |
| RPT LN | GBp | 53.5 | -3.6 | 7071.11 |
| JKX LN | GBp | 40.5 | -2.4 | 1914.62 |
| KER PW | PLN | 52.8 | 2.9 | 250.27 |
| AST PW | PLN | 29.5 | 0.0 | 26.05 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| SPX | 2722.18 | -0.15 | -1.62 | 1.82 |
| UX | _ | 0.00 | 0.00 | 0.00 |
| PFTS | 607.8486 | 0.00 | 9.72 | 92.93 |
| DAX | 11328.56 | -1.25 | -1.69 | -12.30 |
| FTSE100 | 6986.26 | -0.96 | -0.14 | -9.13 |
| MICEX | 2351.34 | -0.99 | -2.15 | 11.45 |
| KP-Dragon | 2,163.06 | 0.53 | -2.18 | -2.84 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| CDX.EM | 95.57825 | 0.00 | 0.25 | -3.56 |
| 5-year UST | 99.5234375 | 0.00 | 0.00 | 0.00 |
| 10-year UST | 99.921875 | 0.00 | 0.00 | 0.00 |
| 6M USD LIBOR | 2.8553800000000003 | -0.09 | 7.66 | 55.43 |
| 12M USD LIBOR | 3.13475 | -0.30 | 5.78 | 48.78 |
| Ukraine 19 | 99.75 | -0.50 | -0.99 | -5.00 |
| Ukraine 32 | 82.625 | -0.90 | -2.94 | -15.90 |
| EMBI+ Ukraine | 628.00 | 2.95 | 10.37 | 45.37 |
| CEMBI Ukraine | 571.10 | 2.47 | 2.74 | 65.28 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| UAH:USD (NBU) | 27.92 | -0.05 | 0.04 | 0.53 |
| UAH:EUR (NBU) | 31.44 | -0.02 | 2.82 | 6.54 |
| USD:GBP | 1.3 | -0.12 | -1.42 | -4.09 |
| USD:EUR | 1.13 | 0.04 | -2.59 | -6.14 |
| PLN:USD | 3.8 | -0.04 | -2.62 | -8.72 |
| USDUAH | 27.84 | 0.02 | 0.32 | 0.81 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| Corn ($/t) | 367.25 | 0.20 | -1.74 | 4.70 |
| WTI Crude Oil ($/bbl) | 55.69 | -7.07 | -21.94 | -7.83 |
| Sugar ($/t) | 12.62 | 0.08 | -3.44 | -16.75 |
| Wheat ($/t) | 507.25 | -0.10 | -1.93 | 18.79 |
| DCPI | 19.54 | -0.14 | -3.73 | 12.27 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| UNAF | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| AST PW | PLN | 29.10 | 29.80 | 29.50 | 0.00 |
| AVGR LI | USD | 0.00 | 0.00 | 0.28 | 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 | 206.00 | 206.80 | 206.20 | -1.67 |
| IMC PW | PLN | 12.20 | 12.45 | 12.45 | 3.66 |
| KER PW | PLN | 52.70 | 52.90 | 52.80 | 2.92 |
| MHPC LI | USD | 11.35 | 11.50 | 11.50 | 0.00 |
| OVO PW | PLN | 112.00 | 114.00 | 112.00 | 0.00 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| FARM | 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 |
| USCB | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| UTLM | UAH | 0.00 | 0.00 | 0.00 | 0.00 |
| ALAGR FP | EUR | 0.18 | 0.19 | 0.19 | -0.26 |
| AGT PW | PLN | 4.24 | 4.38 | 4.38 | 0.92 |
| DUPD LN | GBp | 11.00 | 14.90 | 12.95 | 0.00 |
| JKX LN | GBp | 40.00 | 41.00 | 40.50 | -2.41 |
| KSG PW | PLN | 0.93 | 0.91 | 0.93 | 0.00 |
| MLK PW | PLN | 0.41 | 0.45 | 0.45 | 0.00 |
| RPT LN | GBp | 52.50 | 55.00 | 53.50 | -3.60 |
| UKR LN | GBp | 4.00 | 4.50 | 4.50 | 5.88 |
| DOEN | 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, % |
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