EAVEX Weekly
Kyiv-listed stocks finished mostly higher last week, with individual corporate stories playing key role in trading activation on local exchanges. The PFTS index advanced by 1.4% to 516 points, buoyed by a 12% gain in UkrNafta (UNAF). The stock reached UAH 165 per share after an announcement that state-owned natural gas storage operator UkrTransGaz signed a deal that effectively transferred 2.06bn cubic meters of gas to UkrNafta, ending a multi-year intra-group conflict. Quotes for Raiffeisen Bank Aval (BAVL) jumped by 6.6% to 37.00 kopecks amid rising expectations that the bank will pay a dividend of up to 7.50 kopecks per share from its FY19 profit. Meanwhile, CentrEnergo (CEEN) remained unchanged at UAH 8.53 per share, and DonbasEnergo (DOEN) decreased by 1.6% to UAH 24.43.