UFC-Capital Announced Ukrainian Market Daily Review (20 October 2008)
OREANDA-NEWS On 21 October was announced, that on Friday amid low trading volumes and record-high median spread, the PFTS index fell 1% to reach 265 points. Thus, for the second day in a row the index stays below its support level of 275 points. The broader UFC index dropped 1.6%, while among sectoral indices the UFC Utilities had the worst trading session and lost 6.1%. UFC Metals shed 0.6% and UFC Engineering – 4.8%.
The liquid securities quotations keep on falling. ZAEN and KIEN now have to allow for new support levels. On Friday, ZAEN broke through the level of UAH 285 and now it will be looking for support at the levels of UAH 190-200. KIEN after breaking through the UAH 12.5 level got its support at UAH 5.00 mark.
Detailed information are available here.
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