Russian stock alert

RUSS

CLOSING UPDATE: Levenguk plummets further 24.3%, led Commercial services sector lower 22 May 2018 19:45 SAMT

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Russian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Levenguk, Russia's 2nd largest commercial services company by market capitalisation, has plummeted 32.4% to trade at RUB7.0 vs. the Commercial services sector which weakened 16.1 points (or 1.9%) to 805.2. Representing a weighting of about 4.0% of the sector, the stock accounted for 65.9% of today's loss. Trading volume was 122.9 times average at the end of the day. Compared with the MOEX Russia Index which fell 10.6 points (or 0.5%) in the day, this represented a relative price change of -31.9%.

Technical indicators complementing today's significant downtrend:

+ In the last three months the stock has hit a new 52-week low twice.

Note

Levenguk today is at a discount of 43.5% to the 12-month high of RUB12.40 on 22 May, 2018. It is at a premium of 70.7% to the 12-month low of RUB4.10 on 16 Apr, 2018.

Bullish Signals:

The positive 0.66 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

In the Russian market, the stock's relative price strength percentile is improving at 57 for 6 months, 67 for 3 months and 99 for 1 month.

The price soared 29.6% in the last week and 30.8% in the last month.

TODAY'S ALERTS

Afternoon Alert: Levenguk plummets 10.6%, leads Commercial services sector lower

22 May 2018 14:06 SAMT

Levenguk (MICEX:LVHK) has plummeted 10.6% to trade at RUB9.25 vs. the Commercial services sector which weakened 6.0 points (or 0.7%) to 815.2. Representing a weighting of about 5.2% of the sector, the stock accounted for 74.4% of today's loss. Trading volume was 3.4 times average so far today.

Morning Alert: Levenguk plummets 13.0%, leads Commercial services sector lower

22 May 2018 11:38 SAMT

Levenguk (MICEX:LVHK) has plummeted 13.0% to trade at RUB9.0 vs. the Commercial services sector which weakened 6.7 points (or 0.8%) to 814.5. Representing a weighting of about 5.0% of the sector, the stock accounted for 80.3% of today's loss. Trading volume was 1.9 times average so far today.

RECENT ALERTS

CLOSING UPDATE: Levenguk soars 41.8%, led Commercial services sector higher all day

21 May 2018 19:46 SAMT

Levenguk, Russia's largest commercial services company by market capitalisation, has soared 41.8% to trade at RUB10.35 vs. the Commercial services sector which strengthened 13.8 points (or 1.7%) to 821.2. Representing a weighting of about 5.8% of the sector, the stock accounted for the gain. The shares have outperformed 99% of the market in the past week. Trading volume was 92.0 times average at the end of the day. Compared with the MOEX Russia Index which rose 11.8 points (or 0.5%) in the day, this represented a relative price increase of 41.3%.

Afternoon Alert: Levenguk soars 41.8%, leads Commercial services sector higher

21 May 2018 14:06 SAMT

Levenguk (MICEX:LVHK) has soared 41.8% to trade at RUB10.35 vs. the Commercial services sector which strengthened 12.5 points (or 1.6%) to 819.9. Representing a weighting of about 5.8% of the sector, the stock accounted for the gain. The shares have outperformed 99% of the market in the past week. Trading volume was 3.9 times average so far today.

Levenguk (M:LVHK; MCX:LVHK; MM:LVHK; RM:LVHK)

ISIN: RU000A0JT7Y2

PermID: 5037854106

Source: www.BuySellSignals.com