On Thursday 09.02.2012 profits
fixation was seen on the domestic market within the “would seem” successful
solution of Greece problem. European stock indicators managed to stay on the
positive territory. But Ukrainian players traditionally played for advance. It
is caused by the low liquidity and respective lack of buyers who could have “bough
the strait”. All shares of UX index basket were traded on the negative
territory. Trade activity on the market of applications increased. Shares of
Central GOK looked worse than market on the background of unfavorable financial
results of mining monopolist Rio Tinto Group. Annual net profits of Rio Tinto unexpectedly dropped by 59% - to $5.8 billion.
Indices in the USA show the inexpressive
dynamics trading close to the strong resistance levels. Despite good labor
statistics and favorable corporate financial results, indices were moving in
lateral trend and not showing the confident growth. Quantity of unemployment
applications decreased more than expected this period.
PepsiCo Company in the 4th
quarter increased its profit per share which exceeded expectations of analysts.
Today investors’ moods will be
affected by different Chinese trading balance statistics and by the next delay
in transferring financial aid to Greece initiated by Euro-group. Positive Chinese
trading balance increased to $27.3 billion, substantially exceeding
expectations when export decreased for the first time since more than two
years. Country’s export dropped by 0.5% annually against +4.8% expected after
+13.4% in December. In general, statistics within the information of vehicles
sales decrease confirm economic growth slowdown.
Ministers of Euro-region
expressed their dissatisfaction with the Greece economy plan. Participants of Euro-group
meeting postponed the issue of the 2nd tranche rendering till the
next week.
Negative external
background was formed on the opening.
Forward market
analysis. Put/Call Ratio increased more than 2 times
(0.96). The signal is bearish.
The Futures for UX –
UX-3.12. Technical analysis.
On the 4-houred timeframe the
price placed above the Parabolic indicator. Oscillators show the signs to sell.
The trend is bullish.
On the quarter timeframe the
price broke the upper line of Parabolic indicator. Signs to sell dominate. The
trend is lateral.
Analytical department
of IC IFG CAPITAL forecasts index and futures decrease by the end of trade
session.
IC IFG CAPITAL, LLC
Alexey Sidorov
ik.ifgcapital.com.ua
www.ifgcapital.com.ua
