EAVEX Weekly
February 03, 2016
Locally-listed Ukrainian stocks edged higher on Tuesday (Feb 2) despite heavy selloffs on the main US and European bourses related to the latest slide in oil prices. Oil markets had been buoyed last week by hopes of a deal between Russia and OPEC on reducing output, but analysts now say such an arrangement is unlikely, and WTI oil has once again fallen to near the USD 30 level. On Wall Street, global investment banking names led the decline with losses in the range of 5%.
