Daily Market Review (25-Sep-01) by KINTO Investments & Securities

Ukraine
Analyst: Olena Rotay

TATM) was the most active among them (58.96% of total volume), as 200,000 of its shares were sold in one block at UAH 0.283 ($0.05) a share (+13.28%). Korovai (KORV) was the next in line ($3,569; 7,165 shares), as a few trades in this issue (each under 1,000) were executed at UAH 2.5 ($0.47) a share, down from UAH 2.9 ($0.54) in previous transactions. And then there were registered investment certificates of the Petro Mohyla Investment Fund ($3,371; 700 certificates). In addition, there was one trade in Makiyivka Metallurgical Plant (MKKI) ($231; 102,589 shares). 1,500 registered common shares of CJSC Svativska Oliya were sold in one block for $211 (UAH 1,125) at PFTS auction sale (the block's par value was UAH 375). Investment company INEKO held this auction. As a reminder, INEKO already sold 2,000 shares of this issuer on September 19. That time the transaction price was $281(UAH 1,500), while the block's par value was UAH 500.

PFTS for the day, September 25:

Company/Sector
Ticker
Last Price, $
Change, %
Daily Volume, $
Tr. Volume, shares
Total Daily Tr. Volume Share, %
Statutory Fund Share, %
MCap, $ m

Metallurgy

Makiyivka Metallurgical Plant
MKKI
0.002
0.03
231
102,589
1.28
0.01
3.19

Machinery

Turboatom
TATM
0.05
13.28
10,605
200,000
58.96
0.05
22.40

Food Industry

Korovai
KORV
0.47
-10.63
3,569
7,165
19.84
0.08
4.14

Investment Certificates

Petro Mohyla Investment Fund Investment Certificates (registered)
IFPMI
4.82
-0.54
3,371
700
18.74

AUCTION

Food Industry

Svativska Oliya
AUSVO
0.14
0.09
211
1,500
1.17
n/a
n/a

Total

17,987

100.0

* - the price falls out of the PFTS spread or the amount traded is less than UAH 1,000 (which equals $187.37 at the exchange rate of UAH 5.337/$1).

UNAF) stood out to be mentioned here. Oppositely moving max bid (+1.05%) and min ask (-0.84%) helped its spread contract 2.10% to 9.64%. As for other chips, only their quoted prices underwent changes.

Company
Max Bid Price, $
Change, %
Min Ask Price, $
Change, %
Quoted Price, $
Change, %
KINDEX Share, %

Centrenergo
0.05
0.03
0.07
0.03
0.08
0.79
6.94%

Dniproenergo
5.62
0.03
12.37
0.03
11.62
0.41
11.29%

Donbasenergo
1.07
0.03
2.40
0.03
1.89
1.09
11.09%

Kyivenergo
0.50
0.03
0.73
0.03
0.58
1.10
15.46%

Zakhidenergo
1.52
0.03
5.62
0.03
3.51
0.90
11.13%

Ukrnafta
3.69
1.05
4.05
-0.84
3.28
-0.41
44.10%

· - Quoted price is a half-sum of average weighted bids and asks (KINTO calculations).

ZACO) max bid, and a 8.55% plunge in the min ask for Mariupol Iron & Steel Works (MMKI).

Company
Ticker PFTS
Max Bid Price, $
Change, %
Min Ask Price, $
Change, %
Quoted Price, $
Change, %

Azovstal
AZST
0.01
0.03
0.03
0.03
0.03
0.03

Mariupol Iron & Steel Works
MMKI
0.01
0.03
0.03
-8.55
0.02
-6.25

Nyzhnodniprovsky Pipe-Rolling Plant
NITR
0.06
0.03
0.70
0.03
0.39
0.03

Zaporizhkoks
ZACO
0.13
3.06
0.15
0.03
0.41
-0.05

Zaporizhstal
ZPST
0.03
0.03
0.05
0.03
0.10
0.03

Kyivoblenergo
KOEN
0.01
0.03
0.06
0.03
0.05
0.03

Poltavaoblenergo
POON
0.03
0.03
0.09
0.03
0.07
0.03

Halychyna Oil Refinery
HANZ
0.02
0.03
0.04
0.03
0.03
0.03

Slavutich Brewery
SLAV
3.19
0.03
6.56
0.03
4.75
0.03

Stirol
STIR
1.15
0.03
2.06
0.03
1.36
0.68

Turboatom
TATM
0.04
0.03
0.07
0.03
0.06
0.03

Ukrrichflot
FLOT
0.84
0.03
2.81
0.03
1.80
0.03

KIEN) and Donbasenergo (DOEN) were its components to post the biggest gains in the quoted price (+1.10% and +1.09%, respectively), and its only component that fell was Ukrnafta (-0.41%).

Company News

(compiled by analyst Olena Kozak)

STIR)

The September 22 shareholders' meeting at Striol approved a decision to pay dividends for 2000. The total amount of dividends to be paid is UAH 5.3 million, or UAH 0.19 a share before taxes. The concern's 2000 balance sheet profit was UAH 211.7 million.

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