The last trading week of the year will be held most
likely in a quiet way on the Ukrainian market, with minor changes of the index.
On Monday, the UX index fell by only 0.37%, closing at 936.1 bps. Total trading
volume in the spot market amounted 37.9mln, in the futures - 25,8mln.
By results of yesterday’s shortened session the U.S.
stock indexes decreased slightly while the trading volume was a third lower
than the normal level. Perhaps some investors decided to close long positions
before the Christmas holidays and due to the absence of progress in the
negotiations between Democrats and Republicans on the "budget cliff."
Meanwhile, the optimism is
prevailing on the Asian markets this morning. The market participants reacted positively to
the statement of the newly elected Japanese Prime Minister Shinzo Abe that he
would insist on a further easing of monetary policy of the Bank of Japan to stimulate
the national economy and fight deflation.
On the occasion of the
Catholic Christmas in the Old and New Worlds the most world stock markets are not
working today. Investors will now wait for Thursday, when the budget issue
discussion will be started again in the United States. Obama calls upon the
U.S. lawmakers to reach at least a minimum compromise on taxes to avoid
increasing the tax burden for the middle class and to extend the unemployment
benefits payments for 2 million people. The markets seem to believe that the
development of the situation in the most negative scenario will be avoided.
Analytical department
IK «IFG CAPITAL»
www.ik.ifgcapital.com.ua
www.ifgcapital.com.ua
