On Tuesday, the U.S. stock market repeated the pattern from Monday – growth during the regular trading session after mixed dynamics in the morning. In turn, the Ukrainian stock market also did not change its pattern and completed its trading session lower against the background of sales of a broad list of blue chips.
At the same time, the picture cannot be clearly characterized. On the one hand, data on the dynamics of industrial orders in the U.S. in January were surprisingly bad; on the another, consumer confidence and, more importantly, business managers’ confidence grew more than expected. Today will bring an extremely important signal with the publication of the Chicago PMI index at 16:45 Kyiv time.
In turn, the highlight of the day on the Ukrainian stock market on Tuesday was the decision of the UX Index Committee to reduce the UX index basket from 15 to 10 securities. Thus, as of March 16, the following stocks will not be included in the index: Yasynivka Coke (YASK: UNDER REVIEW), Stirol (STIR: UNDER REVIEW), Kryukiv Railcar (KVBZ: BUY), Stakhaniv Railcar (SVGZ: BUY) and Ukrtelecom (UTLM: UNDER REVIEW).
As for the situation developing at the opening of European trading platforms this morning, we have observed no significant differences from what we have seen during the week. This means that the probability of observing growth on global equity markets during the second half of the day is much higher than it will be in the first.
