Ukrainian
market is on a wave of positive. According to the results of the trading
session, the UX index grew by 2.37% closing at 943.78 bps. Total trading volume
in the spot market amounted 28.7 mln., in the futures - 25,4mln.
But, rally
of the the world markets yesterday stalled after the statement of the U.S. administration
about the latest disagreements in
solving the problem of the fiscal cliff, when it was almost like the parties got
very close to the compromise. This news led to profit fixation on the U.S.
trading platforms and put the pressure on today's trading in Asia.
European
markets did not have time to react to the news from the U.S. and therefore closed
with a growth of 0.42% of the Stoxx Europe 600 index. The support to the markets
was caused by the increased by S & P rating of Greece on six steps to
"B-" at once. The last time the country had this level was June 2011.
Besides, the business confidence index published in Germany was a bit better
than expected.
Since
morning the Asian markets lost 0.4% for the composite index MSCI Asia Pacific.
However, after the news of increasing amounts of the Bank of Japan to stimulate
the economy by 10 trillion yen the decline was reduced to 0.1%.
The Ukrainian
market is likely to consolidate at the same level during the day. In the
evening, the macro data on the U.S. GDP is expected to be published, as well as
the number of applications for unemployment benefits and the data on home sales
in the secondary market. In addition, the regular news may come to resolve the
budgetary issued that will determine the dynamics of our market at its closing.
Analytical department
IK «IFG CAPITAL»
www.ik.ifgcapital.com.ua
www.ifgcapital.com.ua
