EAVEX Weekly
August 16, 2021
The UX index rose by 1.9% to 1917 points last week, with a major contribution to the gauge gain coming from TurboAtom. The TATM stock rebounded by 20% to UAH 8.40 after investors came to the conclusion that there will be no stock dilution after TurboAtom completes its merger with loss-making state-owned machinery producer ElectroTyazhMash. A formal decision on the merger will be voted on at a special shareholders meeting on Aug 27.
