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Analytics and Market news

Monday, 13 February 2012

Greeks voted, markets do not look upset

Astrum Capital

This morning, we see moderate growth in the value of risky assets in response to, as it seems, the Greek acceptance of the bailout conditions. However, if we were talking about the "final solution of the Greek problem", the growth of equity markets will likely to exceed few percent.

Also, be aware that the issue of the Greek voting process was not a major factor limiting the rise of stock indices in the previous week. Also, while S&P 500 futures are trading at the level of 1350 points - until then we can talk about the fact that equity markets are in a mild correction.

Thus, for the Ukrainian players on Monday the situation does not differ from events of the last week. Investors focused on long-term and medium term, should preserve the structure of their portfolios unchanged, and the players focused on the short time period should follow the global markets.



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