The Ukrainian stock market rose Tuesday on thd3fe rallies Ukrnafta “, ignoring the dynamics of the world mixed sites

Ukrainian stock market was closed Tuesday due to soaring growth of certain stock price of the country”s largest oil producer OAO Ukrnafta on news of its shareholders” meeting held: index of “Ukrainian exchange” has grown on 3,11% - to 1654.11 points, the index “PFTS” - on 2,36%, to 629.03 points.

Investment Consultant investment company Dragon Capital Vyacheslav Urluk, commenting on the results of bidding, said the agency “Interfax-Ukraine”, which trades on the Ukrainian stock markets on Tuesday began declining indices. The reason, he said, served as a negative external background: Russia”s indexes lost at the opening of more than 2%, most European share platforms continued a five-day correction, and the expectations of tighter monetary policy by the authorities in China have continued to have a negative impact on Asian markets.

In addition, sales by global support for the U.S. futures that traded in the red zone, and the decline in oil prices after a one-day growth within 1% yesterday, added Urluk.

According to him, during the day investors have prevailed “corrective” mood and the situation on global markets, only promote the sale of an absolute majority of stocks traded first and second “echelon.”

However, support for domestic index was carried out with the news that day extraordinary meeting of shareholders of the company “Ukrnafta”, which was adopted by a number of positive solutions for the market.

Thanks to the rapid take-off of shares in Ukrnafta Ukrainian indexes turned around after their quotes, and closed with a large “plus”, despite the further correction of the absolute majority of liquid securities.

Urluk As predicted, the attention of domestic investors on Wednesday will be focused on the situation on world markets, where investors continue to ignore the generally upbeat r1000eports of American corporations, focusing on the actions of the U.S. administration and the central bank of China.

He noted that the opening of the American sites down, the reduction of European and Russian indices in conjunction with a significant decline in the commodity markets, at first glance, clearly indicates Ukrainian stock market direction for further movement. However, at the same time, the expert believes that the continuation of significant sales on Wednesday is unlikely.

According to him, most likely, the market environment will be quite volatile in anticipation of the Fed meeting, output data on stocks of fuel in the United States, and preliminary data on U.S. GDP in the fourth quarter of 2009, which may return a positive market sentiment.

On

“Ukrainian Stock Exchange on Tuesday the absolute leader of the day on all indicators are shares Ukrnafta”, which grew by 27.01% to the volume of trading 24.677 million UAH.

This trend is supported by a paper bank “Forum” (4,54% with trading volume of 1.454 million UAH).

Under pressure from stock quotes were steel companies, where the players have continued to record profits: shares Alchevsk Iron and Steel fell 1.72% on volume of 2.946 million UAH, Enakievo Steel - on 1,55% (volume of trades - 4.732 million UAH) and “Iron & Steel Works” - on 1,23% (volume of trades - 2.991 million UAH).

On

“Ukrainian Stock Exchange on Tuesday signed deals worth 56.478 million UAH.

At the PFTS trading volume leader also shares Ukrnafta “(25,6%), with transactions amounting to 5.215 million UAH,” Tsentrenergo (-0.67% deals on the UAH 2.275 million) and “Motor Sich” (-0.54% deals on UAH 2.138 million).

Total

on PFTS on Tuesday signed deals worth 26.8 million UAH.

As noted by the agency trader investment firm Phoenix Capital Irina Barabanov, on the western markets on Tuesday there was a slight revival of interest in the Ukrainian shares. According to her data, significant trading volumes were monitored by shares “Kernel”, but to the closing price recorded a growth of 0,3%. Positive dynamics was observed and the papers “Astarte” who grew up to the trading session on 1,9%.

Myronivsky Hliboproduct Shares closed unchanged.

According Barabanovo, trading volumes in securities Ukrainian developers were very minor.

Tuesday certainly was a day of dollar
Latin America: consumer confidence was the protection of China
United States: the Fed does not expect big surprises, but the bulls in any case excluded themselves
Tax on the past will fight
The stock market has overestimated its ability

past week on global stock markets, and among them, and in Ukrainian, was generally marked by negative mood …


Forex - results of the day
At the Davos World Economic Forum opened: main theme - post-crisis development
Influence the course of trading today will have statistic data on sales of new homes (18.00 IST) and oil reserves in the U.S. (18.30 Moscow time)
External background has a temporary return of bull market in Russia

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