By IC IFG
CAPITAL analyst Alexey Sidorov, Ukrainian investors switched their attention
from debt problems to the financial results of European and American
corporations on Tuesday. As a result the USA and European indices showed the
raising dynamics.
Swiss
Novartis is one of the largest pharmaceutical companies, its results exceeded
expectations of analysts. Novartis saw the net profits ignoring a range of
simultaneous factors increased to $3,5 billion or $1,48 per share in the 2nd
quarter against $2,77 billion or $1,2 per share the same period previous year.
Norway
sun-energy equipment manufacturer Renewable Energy announced of the profit increase
from 455 million krones to 871 million krones.
European IT-companies
increased in price due to positive IBM profit forecast.
An event
which affected the USA indices positively was the progress in negotiations
between Barak Obama and republicans. President agreed to cut the governmental
expenses in return of governmental debt limit increase.
Native
stock indices opened the day on the positive territory and obtained the new
impulse to grow after receiving positive news from the USA real estate market
and publication of corporative reports of following companies: Wells Fargo, Johnson&
Johnson, Coca-Cola.
Reports of Yahoo and Apple will affect the quotations
today.
The net profit of Apple by the result of 9 months
2010-2011 financial year (finished on June 25) increased by 98% to $19,3
billion against the same period previous year. Trade volume increased by 78%
and totaled $80 billion – against $44,8 billion the previous year.
It is worth admitting that Yahoo! (the most attended
Internet-portal in the USA) reported of the 2nd quarter worse than it
was expected, due to competition tightening. The quarter income (ignoring sales
performed from the partner web-sites) decreased by 4,6% to $1,08 billion.
Analysts expected sales to be around $1,11 billion.
External background on the opening may be estimated as
positive.
Asian stock indices demonstrate different dynamics.
Chinese SSEC lost 0,12%. Japanese Nikkei, Korean KOSPI increased by 1,17 %, 1,16 % respectively.
Russian RTS index opened the
day in the green zone.
Among the substantial information we will see the
information from the USA concerning aftermarket housing sakes.
The
Futures for UX Index 6.11. Technical analysis.
On the 4-houred
timeframe the price is placed above the Parabolic indicator. Stochastic formed
the sign to buy from its neutral value. The trend is lateral.
On the quarter
timeframe the price placed above the Parabolic indicator. Stochastic is close
to its maximum value and formed the sign to sell. The trend is bullish.
The
UX index will test the resistance level of 2350 points for the third time this
month. Signs from external markets are the most positive to overcome this
barrier. Though, low trade activity is playing for bears.
