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 1 495.73 2018-02-23 +0.16 Archive

Weekly comment
(11.12.2017 - 17.12.2017)

Main events:

• Ukrainian stock indices have decreased
• External background was positive

During the previous week, Ukrainian stock indices were demonstrating the descending movement. Index of Ukrainian stock exchange decreased by 0,37% and made up 1 277,7 points. Weekly volume of trading of shares dropped by 25,5% and made up UAH 6,56 million.
Shares of “Tsentrenergo” [CEEN] – UAH 1,34 million, “Ukrnafta” [UNAF] – UAH 1,25 million and “Motor Sich” [MSICH] – UAH 1,02 million became the most liquid securities at Ukrainian stock exchange.

In the general background (among the securities from the index basket) securities of “Raiffaisen Bank Aval” [BAVL] (growth by 1,38%), “Tsentrenergo” (growth by 0,33%) and “Donbasenergo” [DOEN] (decrease by 1,06%) looked the best way.

Securities of “Motor Sich” (decrease by 1,58%) and “Ukrnafta” (decrease by 1,25%) looked worse than the market.

External news background was mostly positive. Ascending movement was observed on all world stock platforms. Voting on the final version of draft bill of the tax reform in the USA will take part till December 22. USA avoided technical  default adopting a temporary bill about financing of the White House till the decision about raising of the level of the state debt. On Wednesday, FRS will most probably rise the rate by 0,25% to the level of 1,5%.

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

Securities of “Raiffaisen Bank Aval” have corrected upwards after three weeks of dropping and expectations of strong financials in the 4К17.

Securities of “Motor Sich” have decreased within the scope of price correction. They remain attractive for investment in the background of expectations of strong financials of the company in the 4К17. Earlier the company published a strong financial report for 9 months of 2017 – net revenue made up UAH  2,575 bn.

Dropping of cost of shares of “Ukrnafta” correlated with decrease of cost of oil Brent (dropped by 0,52% during the week).

We presume that index UX will remain above the level of 1260p. in the near future. The closest level of support is 1280p. and, if achieved, – 1240p. The movement upwards is limited by the level of 1300p. Breaking this level will open the way to the level of 1320p. for index.

Forecast and recommendations

Speculative character of deals, in remaining low liquidity, will continue to further the volatility of trading. Probably, index UX has moved to the new range – 1260-1320p. Later it will continue to vary within this wide scope. Index will close the week within the range of 1260p.-1300p.