OREANDA-NEWS. On 26 August 2008 was announced, that the Ukrainian stock market bears’ account may be credited with the last week: on Friday, the PFTS index fell for the fourth day in a row. The indicator broke through an important psychological level of 600 points and closed at 592 points. The first serious support level below the current levels for the PFTS index emerges nearby 375 points. We take this value as the current support level, but we believe that the market reversal will most probably take place before it.

Meanwhile, there was no common tendency among the sectoral indices on Friday: UFC Metals added 3.2%, while UFC Utilities and UFC Engineering lost 1.2% and 2.2%, accordingly.

One of the most suffered positions of the last week – MSICH – on Friday broke through its support level of USD 110 and continued its decline. A new support may emerge at the level of USD 55. We would also like to highlight UNAF, which reached its support at USD 34 level, but failed to break it through.