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Analytics and Market news

Tuesday, 23 October 2012

Review of stock market

IFG CAPITAL

Ukrainian stock market continues to steadily slide down. On Monday the decrease was 0.74%, closing at 826.12bps.  Total trading volume in the spot market amounted 36.7mln., in the futures  - 29.4mln.

 The trading in the U.S. closed neutral (S & P 500 +0.04%, 1433 points). The decrease within the day was compensated due to the growth of shares of Apple. The share indices of the Old World have lost averagely 0.4%. The Spanish theme continues to be raised.  What a pity that Europe does not have its own Apple, and the one that existed did not survive.

A moderately negative attitude is dominating in the Asian session. It is being supported by the poor reporting from Acer and by the lowering of the credit rating of five Spanish regions by Moody's. Thus, a moderately negative external background is formed by the opening of the Ukrainian trades. Today the statistics on the mortgage in the UK and the background statistics package in the United States is being published. This evening Mervyn King is going to make a speech.

Analytical
department

IC “IFG Capital”

www.ik.ifgcapital.com.ua
www.ifgcapital.com.ua



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