The Ukrainian stock market opened the trading
session with a gap up on Tuesday, but could not hold more than a half an hour when
returned back to the old corridor. As a result of the trading session the
decrease amounted 1.59%, closing at 869.07 bps. Total trading volume in the
spot market was 22.8 mln., in the futures - 56.3 mln.
Markets are again under
pressure of increasing negative information about the "fiscal break"
in the United States. In the nearest future Obama will have a meeting with the
heads of the largest U.S. companies on which obviously will be considered the
question of raising the tax burden on corporations. After that, probably, the
final position of the Democrats in negotiations with representatives of
congressional Republicans will be formulated.
In Asia, the dynamics of
trading is moderately negative. Japan strongly sags amid strengthening of yen.
The situation on the debt
market in Europe has improved. The yield of Italian, Spanish, and especially the
Portuguese securities is declining once again. The placing of the six-month
Italian bills in the primary market will take place today.