Today's Highlights

Today's Highlights

World Indices

Symbol Name Last trade Last date Daily change, % Archive
^DJI Dow Jones 0.00 2015-03-11 0 Archive
^BVSP BRAZIL BOVESPA 61 203.37 2017-06-23 +0.22 Archive
^IXIC Nasdaq 6 240.53 2017-06-23 +0.20 Archive
RTS.RS RTSI 925.32 2016-06-30 +1.20 Archive
^HSI Hang Seng 25 697.49 2017-06-23 -0.14 Archive
^N225 Nikkei 20 106.23 2017-06-23 -0.17 Archive
^GDAXI Daxx 12 728.20 2017-06-23 -0.18 Archive
^FTSE FTSE 7 396.95 2017-06-23 -0.31 Archive
^FCHI CAC 40 5 260.47 2017-06-23 +0.28 Archive
PFTS PFTS 277.76 2017-06-30 -0.09 Archive
UX Index UX Index 1 056.50 2017-06-23 0 Archive

Weekly comment
(05.06.2017 - 11.06.2017)

Main events:

• Ukrainian stock indices have increased
• External news background was mostly positive

During the previous week, Ukrainian stock indices were demonstrating the ascending movement. Index of Ukrainian stock exchange closed with the growth by 6,03% to the level of 1003,6 points. Weekly volume of trading of shares grew by 82% and made up UAH 9,44 million.

Among the most liquid shares at Ukrainian stock market were shares of “Raiffaisen Bank Aval” [BAVL] – UAH 2,620 million, “Ukrnafta” [UNAF] – UAH 1,64 million and “Tsentrenergo” [CEEN] – UAH 1,12 million.

In the general background, securities of “Ukrnafta” (growth by 8,3%), “Donbassenergo” [DOEN] (growth by 8,0%) and “Raiffaisen Bank Aval” (growth by 6,5%) looked better than the market.

Securities of “Tsentrenergo” (growth by 3,9%) and “Motor Sich” [MSICH] (growth by 5,2%) looked worse than the market.

External news background was mostly positive. Ascending movement was observed at the main sock platforms of the world.
Situation around the nuclear and rocket programs of the North Korea have worsened – the country continued to launch ballistic missiles. In the USA, the campaign of impeachment of president D. Trump increases.

In conditions with a scanty free float and a limited number of participants the trading almost on all securities have a technical character and are defined by speculative moods of participants – the wide lateral movement satisfies everyone.

Considerable growth of quotations of shares of “Ukrnafta” in the background of dropping of the world oil prices (weekly decrease of oil prices for Brent by 4,9%), is probably connected with the information that appeared regarding the compromise between the state and the group “Privat” (regarding the tax debt etc.).
Again, after the descending correction on the previous week, shares of “Raiffaisen Bank Aval” began to grow. This growth is probably connected with re-evaluation of the fair value of shares of the company by investors. Earlier, shareholders of the bank took a decision to send UAH 3.63 bn for payment of dividends. Thus, almost all revenue of the bank will be sent for payment of dividends (UAH 3,87 bn).
The interest towards the securities of “Motor Sich” was caused by the information that the company was going to start a joint production of air engines with Chinese partners in China.
We presume that index of Ukrainian stock exchange rose over 1000p. Probably, there is an attempt to come back to the zone over 1020p.

Forecast and recommendations

Speculative character of deals in remaining low liquidity environment will continue to further the volatility of trading. Obviously, index UX has moved to a new range – 920-1020p.  Later, it will continue to vary within this wide scope. This zone satisfies all participants.
Index will close the week within the range of 920p.-980p.