World Indices
| Symbol | Name | Last trade | Last date | Daily change, % | Archive |
|---|---|---|---|---|---|
| ^DJI | Dow Jones | 11 866.39 | 2011-12-16 | -2.61 | Archive |
| ^BVSP | BRAZIL BOVESPA | 61 910.39 | 2012-01-24 | -0.23 | Archive |
| ^IXIC | Nasdaq | 2 783.58 | 2012-01-24 | +0.24 | Archive |
| RTS.RS | RTSI | 1 518.45 | 2012-01-24 | +1.59 | Archive |
| ^HSI | Hang Seng | 20 023.51 | 2012-01-20 | +0.97 | Archive |
| ^N225 | Nikkei | 8 795.72 | 2012-01-24 | +0.21 | Archive |
| ^GDAXI | Daxx | 6 371.48 | 2012-01-24 | +0.11 | Archive |
| ^FTSE | FTSE | 5 740.87 | 2012-01-24 | +0.01 | Archive |
| ^FCHI | CAC 40 | 3 316.71 | 2012-01-24 | -0.19 | Archive |
| PFTS | PFTS | 534.43 | 2012-01-30 | +0.30 | Archive |
| UX Index | UX Index | 1 422.94 | 2012-01-24 | -1.80 | Archive |
Weekly note
(14.11.2011-18.11.2011)
- The Ukrainian stock indices declined
- The market liquidity suffered a drop
The local stock indices went down last week. The UX index lost 1.88% to 1573.82 points. Equity trading volumes made up UAH 237.2.The liquidity of local stock market decreased by 25%.
The mostly traded were the stocks of Motor Sich [MSICH] – UAH 67.7 MM, Avdeevka Coke Plant [AVDK] – UAH 38.1 MM and Centerenergo [CEEN] – UAH 37.9 MM.
The MSICH stocks surged (+11.7%), so did the stock of KVBZ (+5.5%) and SVGZ (+3.9%).
The Ukrainian trading floors slumped in light of external negativity. On Monday the domestic stock market began the trading week with a growth by virtue of the news from Italy following the appointment of Mario Monti as the new prime minister. The investors though doubt the ability of the new Italian government to lead the country out of the crisis. The yield on 10-year Italian bonds rose to more than 7 percent which dramatized the situation.
The local stock market showed volatility and turbulence. The trading has been highly dependent on the situation in the Eurozone. The ECB efforts to control the profitability of Eurobonds appear to fail shortly which will have an obvious impact on moods of market players.
All attention was focused on the substantial growth of MSICH. We believed the stocks jumped as Motor Sich have signed a $1.2 billion contract on the supply of engines for Russian Helicopters JSC. The growth was 12% which indicated the growing interest of investors.
ENMZ was a top loser against its dramatical increase last week.
The direction of local stock indices will still be guided by the international environment. The Eurozone's debt crisis continues to heighten tension both on the world and domestic market.
We expect the Ukrainian stock indices to show the downward trend this week, as there is no good reason to hope for recovery in the near term. In spite of the fact that the local stock market went against the movement of global indices many times, it is unlikely to happen today.
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