On Tuesday, the Ukrainian stock market continued its
positive trend. As the results of the trading session the increase totaled
2.85%, which is the maximum of the last three months. At closing of the UB
index totaled was 978.33bp. Total trading volume in the spot market amounted 32.6mln.,
in the futures - 37,8mln.
Tuesday was
marked by further growth of key indicators as well. The U.S. stock market is
very close to Dow Jones historical maximum. S & P 500 could manage to close the third
consecutive day above 1,500 points, attempting to show the best monthly
dynamics from October 2011. Contrary to
expectations the consumer confidence index from Conference Board has fallen
below 60 points for the first time since November 2011. Despite the weak
economic data the inflow of capital to the stock market and corporate reporting
of several large corporations allowed indices to grow. Amazon has reported
about the growth of its shares on the Post market by nearly 7% after the end of
the trading day, thus setting a positive tone for the morning markets. The positive
expectations about the reporting block of the end of this week (1st estimate of
the U.S. GDP, monthly data on the labor market and the country PM) have positive
impact on the stock market as well.
Analytical Department
IK IFG CAPITAL
www.ik.ifgcapital.com.ua
www.ifgcapital.com.ua
