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. 

Market View

  • Fixed income

    A slightly higher close in the sovereign curve again (+25c), owing to marginally better news flow (Istanbul meeting and Trump comments about “two weeks”). Still, very little new information came in during the day, with volumes seemingly on the low side. We saw a bit of selling in RAILUA 26.

  • Equities

    Foreign-listed equities were mixed yesterday. KER lost 3.2% on tiny turnover, IMC fell 2.8%, and FXPO dropped 2% to GBp 55. Meanwhile, AST closed 1.5% higher at PLN 59 on small volume while MHP rose 0.8% to $5.08. The KP-Dragon index thus closed 0.4% lower on the day. In light of global volatility, we expect Ukrainian equities to trade sideways today.

Ticker Currency Bid Ask Close 1D, %
MHPC LI USD 5.64 5.72 5.64 2.2
KER PW PLN 19.3 19.6 19.6 1.4
IMC PW PLN 27.8 28.1 28.1 -4.1
FXPO LN GBp 63.2 63.6 63.3 -5.4
AST PW PLN 53.6 53.8 53.8 -7.2
Ticker Currency Bid Ask Close 1D, %
AST PW PLN 53.6 53.8 53.8 -7.2
FXPO LN GBp 63.2 63.6 63.3 -5.4
IMC PW PLN 27.8 28.1 28.1 -4.1
KER PW PLN 19.3 19.6 19.6 1.4
MHPC LI USD 5.64 5.72 5.64 2.2
Ticker Currency Close 1D, % Volume
Name Close 1D, % 1M, % YTD, %
SPX 5940.46 -0.39 15.17 1.00
PFTS 505.45 0.00 0.00 0.54
DAX 23882.76 -0.64 12.62 19.96
FTSE100 8765.69 -0.18 5.92 7.25
KP-Dragon 2,160.38 -1.24 14.41 24.85
Name Close 1D, % 1M, % YTD, %
CDX.EM 96.97185 0.00 2.07 0.00
5-year UST 98.96875 0.00 0.00 0.00
10-year UST 97.71875 0.00 0.00 0.00
6M USD LIBOR 4.68213 -0.17 -8.86 -16.18
12M USD LIBOR 6.04143 1.36 5.43 10.20
Ukraine A29 62.75 -1.18 0.00 -10.04
Ukraine A36 49.0 -1.51 -1.51 -10.09
Ukraine B36 52.0 -1.42 0.97 -12.24
EMBI+ Ukraine 1,032.00 3.51 -0.67 19.54
CEMBI Ukraine 986.24 0.07 -6.26 -9.36
Name Close 1D, % 1M, % YTD, %
UAH:USD (NBU) 41.49 0.22 -0.26 1.31
UAH:EUR (NBU) 46.65 0.44 2.39 -6.36
USD:GBP 1.34 0.28 0.38 7.30
USD:EUR 1.14 0.62 -1.41 9.65
PLN:USD 3.74 0.39 -0.89 10.40
Name Close 1D, % 1M, % YTD, %
WTI Crude Oil ($/bbl) 62.56 -0.21 -3.28 -12.77
Corn ($/t) 178.9 1.56 -5.75 -0.87
Wheat ($/t) 200.6 3.21 -0.50 -1.00
Sugar ($/t) 382.3 -0.63 -3.29 -9.97
Ticker Currency Bid Ask Close 1D, %
AST PW PLN 53.60 53.80 53.80 -7.24
FXPO LN GBp 63.20 63.60 63.30 -5.38
IMC PW PLN 27.80 28.10 28.10 -4.08
KER PW PLN 19.30 19.60 19.60 1.44
MHPC LI USD 5.64 5.72 5.64 2.17
Ticker Currency Bid Ask Close 1D, %
Ticker Currency Bid Ask Close 1D, %