Ukrainian
stock market shows its resistance to external factors for several days in a
row. Despite the fact that the global indices yesterday were in deep negative
territory, the Ukrainian market at the end of the trading session practically
won back its decline, closing at 0.27%, which amounted 851.49bps. Trading volume on the spot market amounted to
24.6 mln., in the futures - 55.6 mln.
At the end
of the session, the S & P 500 fell by 2.37% and closed at 1394.53 points,
the NASDAQ dropped by 2.48% to 2937.29, the DJIA dropped by 2.36% to 12932.73.
The American indexes declined significantly once the presidential elections did
not bring certainty into the balance of political forces of the United States,
which is a critical factor in addressing the problem of "fiscal cliff." The failure to reduce the budget deficit
could again put the issue of reducing the U.S. credit rating. The other
negative factors are remaining in force as well. Spanish question continues to
put pressure on the market dynamics. The VIX grew to the level of 19.08. At the
Treasuries market the yield of 30-year U.S. government bonds dropped by 10 bps
to 2.82% and 10-year - dropped 8 bps to 1.67%.
The
external background today for Ukrainian stock market is negative today. The
main event of the day is the meeting of the ECB. However, analysts do not
expect any increase in the interest rates. The indicators of business activity
of China in October will be published during the night trading today. It is
predicted that they will show signs of renewed economic growth.
The U.S.
markets were trading down during the night, as the Dow Jones index fell by 2.4%
or 313 points to 12,933, while the S & P 500 dropped 2.4%. Markets in the
Asia-Pacific were down this morning.
Analytical
department
IC “IFG Capital”
