Yesterday the Ukrainian Exchange (UX) Index fell 0.64% to 1004.07, while the PFTS index remained virtually unchanged and settled at 411.08. The most traded names on the Ukrainian Exchange were Ukrsotsbank (USCB), up 0.5%; Azovstal (AZST), down 0.1%; and Ukrnafta (UNAF), down 0.8%. Today, as of 11:25 Kyiv time, the UX index was down 0.65%.
Current events
2.07.2009
Alfa Bank Ukraine presents its debt restructuring offer
Yesterday Alfa Bank Ukraine sent its Eurobond holders an offer to restructure the existing notes.
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2.07.2009
Ukreximbank increases charter fund by 13.6%
Thestate-owned Ukreximbank increased its charter fund by 13.6% from USD 7,354 mln to UAH 8,354 mln. Additional share issue was financed by a UAH 1 bln government bond issue with a coupon of 9.5% per annum.
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2.07.2009
Antimonopoly Committee OKs National Standard and Europeyskiy merger
Yesterday the Antimonopoly Committee of Ukraine permitted merger of banks National Standard (#70 by assets) and Europeyskiy (#53). Both banks are currently under the NBU administration.
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2.07.2009
Ferrexpo increases iron ore extraction by 3.1% yoy in May
In a press-release yesterday, Ferrexpo (FXPO LN) reported that it increased iron ore extraction by 3.1% yoy to 2.48 mln mt in May. Meanwhile, production of iron ore concentrate declined 0.7% yoy to 0.90 mln mt, and output of pellets fell 1.2% yoy to 0.74 mln mt in May.
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2.07.2009
KDD Group decides not to pay dividends for 2008
On theirannual general meeting, shareholders of KDD Group (KDDG LN) decided not to pay dividends for 2008. The company posted net loss of USD 294.1 mln in 2008.
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1.07.2009
Ukraine’s GDP plunges 20.3% yoy in 1Q09
Yesterday, the State Statistics Committee announced that Ukraine’s GDP plunged 20.3% yoy in 1Q09. Agriculture and financial intermediation were the only sectors to show growth in 1Q09 in yoy terms, up 1.3% yoy and 27.5% yoy, respectively.
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1.07.2009
90% of XXI Century bondholders OK restructuring plan
In a press-release yesterday, XXI Century Investments (XXIC LN) announced that 90% of the holders of its USD 175 mln 10% guaranteed secured notes have submitted instructions to vote in favor of the amendments to the terms and conditions of the notes.
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1.07.2009
XXI Century portfolio value falls 4.4x over 2H08.
XXI Century Investments (XXIC LN) reported that value of its real estate portfolio decreased 4.4x from USD 2,068 mln on June 30, 2008 to USD 474 mln on December 31, 2008. The portfolio was appraised by CB Richard Ellis.
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1.07.2009
Trading in XXIC and AISI halted on LSE
London Stock Exchange halted trading in shares of XXI Century Investments (XXIC LN) and Aisi Realty (AISI LN) due to delays in reporting FY2008 financial results. Both companies are currently undergoing negotiations to restructure their debts.
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1.07.2009
Ukraine harvests 1.46 mln mt of early grain crops, as of June 30
The Ministry of Agrarian Policy reported that Ukraine harvested 1.46 mln mt of grain, as of June 30, from 0.6 mln ha out of total 27 mln ha of land under crops.
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Yesterday the Ukrainian Exchange (UX) Index fell 0.64% to 1004.07, while the PFTS index remained virtually unchanged and settled at 411.08. The most traded names on the Ukrainian Exchange were Ukrsotsbank (USCB), up 0.5%; Azovstal (AZST), down 0.1%; and Ukrnafta (UNAF), down 0.8%. Today, as of 11:25 Kyiv time, the UX index was down 0.65%.
