Today's Highlights

Today's Highlights

World Indices

Symbol Name Last trade Last date Daily change, % Archive
^DJI Dow Jones 22 369.11 2017-09-29 -0.05 Archive
^BVSP BRAZIL BOVESPA 74 782.00 2017-11-01 +0.11 Archive
^IXIC Nasdaq 6 731.98 2017-11-01 +0.11 Archive
RTS.RS RTSI 925.32 2016-06-30 +1.20 Archive
^HSI Hang Seng 28 430.37 2017-11-01 +0.48 Archive
^N225 Nikkei 22 324.64 2017-11-01 +1.78 Archive
^GDAXI Daxx 13 451.56 2017-11-01 +1.68 Archive
^FTSE FTSE 7 508.15 2017-11-01 +0.24 Archive
^FCHI CAC 40 5 528.96 2017-11-01 +0.58 Archive
PFTS PFTS 300.65 2017-11-30 +0.24 Archive
UX Index UX Index 1 272.89 2017-11-23 +0.13 Archive

Weekly comment
(16.10.2017 - 22.10.2017)

Main events:

·   Ukrainian stock indices remained invariable
External background was mostly positive

Ukrainian stock indices have closed almost at zero level last week. Index of Ukrainian stock exchange closed with the growth by 0,04% and made up 1 218,8 points. Weekly volume of trading of shares dropped by 66% and made up UAH 9,03 million.

The most liquid securities at Ukrainian stock exchange were shares of “Motor Sich” [MSICH] – UAH 2,16 million, “Tsentrenergo” [CEEN] – UAH 1,43 million and “Ukrnafta” [UNAF] – UAH 1,02 million.

In the general background (among the securities which belong to the index basket) securities of “Donbassenergo” [DOEN] (growth by 14,37%), “Motor Sich” (decrease by 0,07%) and “Tsentrenergo” (decrease by 0,11%) looked better than the others.

Securities of “Ukrnafta” (decrease by 3,69%) and “Raiffaisen Bank Aval” [BAVL] (decrease by 0,39%) looked worse than the market.

External news background was mostly positive. Slight ascending movement was observed at the world stock platforms. Situation around the nuclear and missile program of the North Korea remains stressed, as a result, the market starts to get ready for the current situation as a long-lasting one and takes into account the risk of military conflict.  

In conditions with a scanty free float and a limited number of participants, trading almost on all securities have a technical character and are defined by speculative moods of participants – trading with a minimal disparity of index satisfies everyone.

Considerable growth of shares of “Donbassenergo” looks speculative. The information which appeared earlier about obtaining of license by the company for economic activity on natural gas supply has already influenced the market.  

The rest of securities from the index basket demonstrated a slight decrease.  Shares of “Motor Sich” remain under pressure of the negative news background – sequestration of part of shares according to the decision of the court because of illegal sale to Chinese investor. Securities of “Ukrnafta” are also under pressure because of problems with licenses for extraction of hydrocarbons and a continuous corporate conflict. Growth of the world oil prices (Brent +2,8%) hasn’t cause a positive influence on the company’s quotations.

We presume that index of Ukrainian stock exchange will remain over 1200p. The nearest levels of support are 1200p. and, if achieved – 1180p. The movement upwards is limited by the zone of 1220-1240р. Overcoming of this level will open the way to the new point 1280.

Forecast and recommendations

Speculative character of trading in environment with a low liquidity will continue to further the volatility of trading. Probably, index UX has moved to a new scope – 1180-1280p. Later it will continue to vary within this wide range. This zone satisfies all participants. Index will close the week within the scope of 1200p.-1240p.