OREANDA-NEWS  On 12 September  was announced, that UFC-Capital published daily review according which it became clear that this week might become one of the worst ones for the Ukrainian stock market for its entire modern history. On 11 September, the PFTS index collapsed 6% to 430 points. The broad UFC index also accelerated its falling by sinking 3.7% yesterday. The shares of machine engineering companies again lost in their prices significantly – UFC Engineering in one day lost 7% and broke through its support level. Power industry, represented by UFC Utilities index, also dipped significantly by 5.2%. UFC Metals suffered the least and dropped 1.1%.

As we expected, on 11 September, CEEN and KIEN finally broke through their respective supports. For CEEN, the new support line we set at USD 1.5, for KIEN – USD 2.4. MZVM, by losing in a deal almost 17% yesterday, closed below USD 8, which used to be its support. So, we change the support for MZVM to USD 5.6.

More information are available here.