Market Analysis

Ukrainian stock market Tuesday showed a correction of the main liquidity, resulting in an index of Ukrainian Stock Exchange, fell by 1,45% - to 1569.03 points and the index of the exchange, the PFTS, retained their positions, covering a small increase in 0,25% - to 651.14 points.

correction in the stock market on Tuesday due to the fact that shares of highly superheated previous rally. Moreover, there is uncertainty on the European sites, which lost 1-2% per day - said the agency Interfax-Ukraine the situation, senior analyst Phoenix Capital Investment Company Andrew gestation.

At the same time, the expert noted that the oil price is at a high level, which symbolizes the steady demand for commodities. We expect that the price of oil will support the Ukrainian stock market in the short term and would not significantly prosest shares in the coming days, - said gestation.

Among the favorable factors of domestic news background, the expert highlighted the strengthening of grivna to 8,27 grn /$ 1. Strong hryvnia also support the local stock market in the coming days, - believes gestation.

As noted analyst investment group TASK Vyacheslav Ivanishin, the current mood of the players shows that the decline of the Ukrainian market may begin in the case of a significant deterioration in global conditions.

So far, the negative data from world markets, domestic players are ignored, and the positive - clears with increased enthusiasm, - notes the analyst.

On

Ukrainian Stock Exchange on Tuesday most of the traded stocks showed reduction: the largest drop in shares LuAZ (-8.13%), Mariupol Tyazhmash (-6.98%) and Stakhanov Wagon Works (-6.35%) . Growth stocks continued Ukrnafta (0,43%), and Raiffeisen Bank Aval (2,98%), but trading in stocks Bank were suspended at 15:00.

On

Ukrainian Stock Exchange on Tuesday concluded 1805 transactions, trade turnover amounted to 40.2 million UAH.

On

market quotation PFTS Tuesday the leaders have been trading shares Motor-Sich (6,72%), Enakievo Steel (-2.69%) and Ukrnafta (0,53%).

On

market quotation PFTS on Tuesday signed 24 deals worth 1.3 million UAH.

On

market applications PFTS on this day the leaders of trades shares Ukrnafta (1,18%), Tsentrenergo (-0.09%) and Enakievo Steel (-3.13%).

On

market applications PFTS concluded 145 deals worth 4.4 million UAH.

According to the agency director of the department of sales and trading, investment company Concorde Capital Alexander Shnir, Ukrainian eurobond market on Tuesday remained low trading activity.

Demand was the full range of sovereign issues. In the corporate segment of investors have shown interest in the securities Azovstal. Prices on Bond mostly remained at the level of the trading session on Friday, October 9, - said the expert.

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Scenario and forecasts