Last closure
On Tuesday, September 2, trades in USA have come to the end with decrease, after disappointing manufacturing data in China reignited investors’ concerns about the global economy. The purchasing managers' index, or PMI, for the non-manufacturing sector fell to 53.4 in August, down from 53.9 for July. That's data from the National Bureau of Statistics and the China Federation of Logistics and Purchasing. Non-manufacturing PMI tracks business activities of the service and construction sectors. A reading above 50 indicates expansion, while a reading below 50 represents contraction. Manufacturing activity in the U.S. expanded at the slowest rate in more than two years in August. In a report, the Institute for Supply Management said its index of purchasing managers fell to 51.1 last month from a reading of 52.7 in July. Analysts had expected the manufacturing PMI to dip to 52.6 in August. On the day’s result, index Dow Jones has declined by 2.84%, S&P has lowered by 2.96%, Nasdaq has decreased by 2.94%.
European stock exchanges closed with decrease of main indexes, after a report showed China’s official factory gauge dropped to a three-year low. Germany's manufacturing sector registered its fastest growth in 16 months in August, final data from Markit showed Tuesday. The Markit/BME final manufacturing PMI rose to 53.3 in August from 51.8 a month ago. The initial score for August was 53.2. On the day’s result, British FTSE has declined by 3.03%, DAX (Germany) has lowered by 2.38%, CAC 40 (France) has decreased by 2.40%.
Octobers’ contractual price on Brent oil, decreased by $4.59 to $49.56 per barrel.
In Ukraine
Trades on the Ukrainian stock exchange opened by decrease, day passed without certain dynamics. Value of the UX index has declined by 0.75% to 972.39. Share trades capacity on the application market was equal to UAH 1.7 million. Trades capacity on the derivatives market was equal to UAH 8.4 million. Total trades capacity for yesterday — UAH 31.7 million.
From ten shares of an index basket, two have risen. Leaders of growth were shares of Azovstal Iron and Steel Works (+0.26%). Worse than market looked shares of Raiffeisen Bank Aval (-1.85%).
Premarket
External background at the opening is moderately negative.
The Asian indexes are decreasing today. Nikkei has lowered by 0.39%, Hong Kong Hang Seng declining by 0.63%.
Futures on American indexes are growing today from 0.89% to 0.95%.
Russian indexes as of 10:03 EET are decreasing — MICEX decreasing by 0.21%, RTS lowers by 1.07%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In Europe will be published construction PMI in the U.K. (11:30 EET).
In the U.S. will be published ADP nonfarm employment change (15:15 EET) and data on factory orders (17:00 EET).
ITT Investment group
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