Ukrainian
market on Wednesday fell slightly on Wednesday. Pressure on the domestic market was continued
by the external faytory. So, yesterday, the refusal of Spain to apply for
financial assistance from the European Union on the background of worsening
debt problems in the country added some negative. The result was the growth of
the region's government bond yield at yesterday's auction. The reduction on Ukrainian stock market amounted
to 0.98%, closing at 1056.49bps. Total trading volume in the spot market was
34mln, the futures - 36.8mln.
In the
course of trading on Wednesday, the U.S. stock indices showed uncertain rise (S
& P +0,12%). Given the fact that the Fed launched QE-3 at a time when the
U.S. stock indexes were on the annual maximum, the overall market now looks
somewhat overrated and the buyers look tired. The decision of Bank of Japan to expand the program
of asset purchase did not especially cheered markets as well, as this analogue
QE is about 10 times smaller than the American version.
The
external background at the opening of trading today was negative. This morning
futures on major U.S. indices were in the red zone. At auction in Asia the
trend is mostly negative. Preliminary PMI in industry in China in September,
according to calculations HSBC, totaled 47.8 points, which means the
continuation of slowdown in the industry, although its pace compared to the value
in August (47.6 on) sl decreased slightly. In Japan, the negative signal gave
the published data on the fall of exports and imports in August.
Analytical department
IC “IFG Capital”
