Last closure
On Friday, February 20, trades in USA have come to the end with growth, as stocks have marched to fresh records. February data indicated a sustained improvement in US manufacturing business conditions, according to the Markit 'flash' US Manufacturing Purchasing Managers’ Index which rose to 54.3, up from 53.9 in January. On the day’s result, index Dow Jones rose by 0.86%, S&P has increased by 0.61%, Nasdaq grew by 0.63%.
European stock exchanges closed with mixed dynamics of main indexes, as worries about Greece eased and eurozone finance ministers later reached a deal with Athens. Greece finance minister Yanis Varoufakis has pledged to honor all debts and continue with painful reforms. Greece's new government will present a first list of reform measures today, which would be assessed and if found sufficient, could be the catalyst for a successful conclusion of the review. German services PMI rose to a five-month high of 55.5, the French to a 42-month high of 53.4 while the Eurozone services index jumped to a seven-month high of 53.9 in February. Meanwhile, German and French manufacturing PMIs dropped to two-month lows of 52.0 and 47.7 respectively. The Eurozone index rose to a seven month high of 51.1 but trailing market expectations of 51.5. On the day’s result, British FTSE rose by 0.38%, CAC 40 (France) has decreased by 0.05%, DAX (Germany) has increased by 0.44%.
March contractual price on Brent oil, grew by $0.01 to $60.22 per barrel.
In Ukraine
Trades on the Ukrainian stock exchange opened by growth, day passed with positive dynamics. Value of the UX index has increased by 1.56% to 1098.93. Share trades capacity on the application market was equal to UAH 5.6 million. Trades capacity on the derivatives market was equal to UAH 17 million. Total trades capacity for yesterday — UAH 33.5 million.
From ten shares of an index basket, nine have risen. Leaders of growth were shares of Ukrnafta (+4.24%). Worse than market looked shares of Donbasenergo (-0.93%).
Ukrainian Prime Minister Arseniy Yatseniuk has stressed that the total amount of funds of repayable assistance to Ukraine for four years amounts to $25 billion. The amount of funds of repayable assistance to Ukraine for four years totals $25 billion. Of these, $17.5 billion are provided by the IMF, and the rest by the U.S. and the EU, the G7 and other international partners of Ukraine, who are willing to help in stabilizing the economic situation, Yatseniuk said.
Premarket
External background at the opening is neutral. An explosion at a pro-Ukrainian rally in the city of Kharkiv has left two people dead and scores 15 injured according to preliminary data. The explosion happened at Sunday at a peaceful rally of EuroMaidan activists in the city of Kharkiv. The Asian indexes are showing mixed dynamics today. Nikkei rose by 0.73%, Hong Kong Hang Seng declining by 0.01%.
Futures on American indexes are slightly changing today from -0.04% to +0.07%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In Europe will be published German Ifo business climate index (11:00 EET).
In the U.S. will be published existing home sales (17:00 EET).
ITT Investment group
