Last closure
On Monday, July 27, trades in USA have come to the end with decrease, after China slide on growth concerns. Shares in Shanghai, China, took their biggest fall in more than eight years Monday, raising fears that government efforts to calm investors are falling on deaf ears. The Shanghai Composite Index closed down 8.5% at 3,725.56, with most of the plunge occurring in the last hour of trading. Monday's fall on the Shanghai market was the biggest one-day decline in Chinese stocks since an 8.8% plunge on Feb. 27, 2007. Orders for durable U.S. goods climbed 3.4% in June, mostly because of strong bookings for passenger airplanes. But overall business investment remained soft and shipments of goods barely rose, the government said Monday. The increase in headline orders topped the seasonally adjusted 2.6% forecast of economists. On the day’s result, index Dow Jones has declined by 0.73%, S&P has lowered by 0.58%, Nasdaq has decreased by 0.96%.
European stock exchanges closed with decrease of main indexes, after a sharp selloff in Asian shares highlighted concerns about Chinese market volatility and slowing growth. German business confidence improved in July, as temporary relief over Greece brightened the mood, industry data showed on Monday. In a report, the German research institute, Ifo said its Business Climate Index rose to a seasonally adjusted 108.0 this month, up from a reading of 107.5 in June and beating forecasts for 107.2. The Current Assessment Index improved to 113.9 in July, up from 113.1 in June and above expectations for 113.0. On the day’s result, British FTSE has declined by 1.13%, DAX (Germany) has lowered by 2.56%, CAC 40 (France) has decreased by 2.57%.
Augusts’ contractual price on Brent oil, decreased by $1.15 to $53.47 per barrel.
In Ukraine
Trades on the Ukrainian stock exchange opened by decrease, day passed with negative dynamics. Value of the UX index has declined by 2.49% to 854.25. Share trades capacity on the application market was equal to UAH 1.9 million. Trades capacity on the derivatives market was equal to UAH 18.1 million. Total trades capacity for yesterday — UAH 29.1 million. All ten shares of an index basket retreated. Worse than market looked shares of Avdiivka Coke Plant (-13.33%), Alchevsk Metallurgical Plant (-7.14%) and Ukrnafta (-4.38%).
Citing heavy damage and human casualties in the aftermath of heavy shelling, Ukraine's steelmaker Metinvest, announced an emergency halt of operations Ukraine's largest Avdiivka Coke and Chemical Plant that it owns. On May 27, Avdiivka plant, located in an uncomfortable closeness to the front line on Ukraine-controlled territory, was attacked by Russian-backed fighters.
Premarket
External background at the opening is mixed.
The Asian indexes are showing mixed dynamics today. Nikkei has lowered by 0.10%, Hong Kong Hang Seng increasing by 1.15%.
Futures on American indexes are growing today from 0.37% to 0.41%.
Russian indexes as of 10:02 EET are showing mixed dynamics — MICEX increasing by 0.12%, RTS lowers by 0.67%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In Europe will be published data on GDP in the U.K. (11:30 EET).
In the U.S. will be published services PMI (16:45 EET) and CB consumer confidence (17:00 EET).
ITT Investment group
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