Last closure
On Wednesday, March 25, trades in USA have come to the end with decrease, as tech stocks tumble. Before the market opened on Wednesday, the U.S. Commerce Department said that total durable goods orders, which include transportation items, declined by a seasonally adjusted 1.4% last month, compared to expectations for a gain of 0.4%. Orders for durable goods in January were revised down to a 2.0% gain from a previously reported increase of 2.8%. H.J. Heinz and Kraft Foods announced plans to merge in a deal that would create one of the world's largest food companies. On the day’s result, index Dow Jones has declined by 1.62%, S&P has lowered by 1.46%, Nasdaq has decreased by 2.37%.
European stock exchanges closed with decrease of main indexes, as the euro regained traction against the dollar. The German research institute, Ifo said its Business Climate Index rose to a seasonally adjusted 107.9 this month, up from a reading of 106.8 in February and above forecasts for 107.3. The Current Assessment Index increased to 112.0 in March, in line with expectations and up from 111.3 in February. On the day’s result, British FTSE has declined by 0.41%, CAC 40 (France) has decreased by 1.32%, DAX (Germany) has lowered by 1.17%.
April’s contractual price on Brent oil, grew by $1.37 to $56.48 per barrel.
In Ukraine
Trades on the Ukrainian stock exchange opened on neutral territory, day passed with negative dynamics. Value of the UX index has declined by 0.69% to 1047.13. Share trades capacity on the application market was equal to UAH 3.3 million. Trades capacity on the derivatives market was equal to UAH 16.9 million. Total trades capacity for yesterday — UAH 35.8 million.
From ten shares of an index basket, three have risen. Leaders of growth were shares of Enakievo Metallurgical Plant (+5.32%) and Alchevsk Metallurgical Plant (+4.88%). Worse than market looked shares of Raiffeisen Bank Aval (-2.58%).
The Ukrainian government is conducting operations to have its foreign debt restructured to ease the burden on the national budget, Ukrainian Prime Minister Arseniy Yatseniuk said. The government has started operations to have the debt restructured in order to lessen the burden on the state budget and the country. I mean the significant foreign debt existing in the country, Yatseniuk said.
Premarket
External background at the opening is negative. German GfK consumer sentiment index is set to rise to 10.0 points in April from 9.7 points in March, its highest level since October 2001, when the indicator was at 11.0 points, market research group GfK said Thursday.
The Asian indexes are decreasing today. Nikkei has lowered by 1.39%, Hong Kong Hang Seng declining by 0.12%.
Futures on American indexes are decreasing today from 0.40% to 2.44%.
Russian indexes as of 10:00 EET are rising — MICEX increasing by 0.73%, RTS growing by 3.21%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In Europe will be published private sector loans in the E.U. (11:00 EET) and retail sales in the U.K. (11:30 EET).
In the U.S. will be published initial jobless claims (14:30 EET) and data on services PMI (15:45 EET).
ITT Investment group
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