UFC Capital Published Ukrainian Market Daily Expectations (October 17)
OREANDA-NEWS On 17 October was announced, that the US statistics data are still disappointing. Despite continuing flow of negative statistics from the USA evidencing a significant decline in production output, the stock indices managed to climb. The decline in industrial production of the largest global economy by 2.8% has become the worst result since 1974, while the unemployment, despite some improvement, still remains high. Today, the global markets expect data on new houses construction as well as on confidence to the US economy.
In Ukraine the trade volumes are still very low. Yesterday, the volume of trades with shares on PFTS SE amounted to just UAH 5.03 mn, which, however, hit its maximum for the last week. At the same time, it is unlikely that the interest in the Ukrainian stock market will be recovered in the nearest future due to increasing political instability and drop in production in a number of the Ukrainian economy sectors.
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