UFC-Capital Realized Ukrainian Market Daily Review (5 September 2008)
OREANDA-NEWS On 08 September UFC-Capital announced that on 04 September, the Ukrainian stock market discontinued its decline and during that day amid extremely low activity it was moving within sideways trend. The PFTS index closed with slight decrease to 519 points or by 0.7%. In almost the same corridor moved the UFC index as well, which yesterday lost 0.5%.
Metallurgy and energy industries represented by UFC Metals and UFC Utilities indices dropped 0.9% and 1.2%, accordingly, while UFC Engineering as usually behaved in its own way and gained 0.3%.
The lack of the clear trend led to a situation when the majority of securities were traded in their narrow ranges. Meanwhile, for the second day in a row PGZK remains below its important USD 1.6 level; in case of the next significant collapse in the Ukrainian market this security may for one session approach closely to its support level around USD 1.4 as well.
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