Last closure
On Friday, November 7, trades in USA have come to the end with mixed dynamics, as payrolls data supported speculation the economy is withstanding an overseas slowdown. US payrolls grew modestly in October but the unemployment rate fell and wages edged up, signs the labour market is strengthening. Nonfarm payrolls grew a seasonally adjusted 214,000 last month. Since the start of the year, employers have added more than 220,000 workers on average each month, a pace last consistently maintained nearly a decade ago. Revisions showed the economy added 31,000 more jobs the prior two months than previously estimated. Employers added 256,000 jobs in September compared to an initial estimate of 248,000. The August reading was revised to 203,000 from the previously reported 180,000. The unemployment rate, obtained from a separate survey of households, fell to 5.8 per cent last month. That's the lowest level since 2008. On the day’s result, index Dow Jones rose by 0.11%, S&P has increased by 0.03%, Nasdaq has decreased by 0.13%.
European stock exchanges closed with mixed dynamics of main indexes, as bank shares slumped amid signs the region’s common supervisor is tightening scrutiny. German industrial production rose less than expected in September. Production grew 1.4%, below economists’ forecast of 2%. A separate data release showed that exports rose sharply at 5.5% on the month in September and imports increased 5.4%, showing strong trade activity. National Bank of Greece SA, Piraeus Bank SA and Eurobank Ergasias SA dropped at least 9%, pushing a gauge of banks to the worst week in almost four months. On the day’s result, British FTSE rose by 0.25%, CAC 40 (France) has decreased by 0.89%, DAX (Germany) has lowered by 0.91%.
Decembers’ contractual price on Brent oil, grew by $0.53 to $83.39 per barrel.
In Ukraine
Trades on the Ukrainian stock exchange opened on neutral territory, day passed without certain dynamics. Value of the UX index has declined by 0.62% to 1094.66. Share trades capacity on the application market was equal to UAH 5.3 million. Trades capacity on the derivatives market was equal to UAH 4.8 million. Total trades capacity for yesterday — UAH 25.45 million.
From ten shares of an index basket, nine retreated. Better than market looked shares of Centerenergo (+0.32%). Worse than market looked shares of Krukivsky Carriage Works (-2.55%).
The National Bank of Ukraine as of 14:00 Kyiv time on Friday devalued the official forex rate of the hryvnia against the U.S. dollar by almost 51 kopecks, to UAH 14.470660 per U.S. dollar. The previous minimum was fixed the day before at UAH 13.955672 per U.S. dollar.
Premarket
External background at the opening is negative. The IMF mission headed by Nikolay Gueorguiev will work in Kyiv from November 11 to November 25. The mission will discuss with the authorities the current economic situation, progress under the program, and their policies to maintain macroeconomic and financial stability and revive growth. The Asian indexes are showing mixed dynamics today. Nikkei has lowered by 0.59%, Hong Kong Hang Seng increasing by 0.81%.
Futures on American indexes are decreasing today from 0.11% to 0.20%.
Russian indexes as of 10:00 AM are rising — MICEX increasing by 0.70%, RTS growing by 2.89%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In Europe will be published Sentix investor confidence in the E.U. (11:30 AM).
ITT Investment group
Приложения к материалу:
