UFC-Capital Announced Ukrainian Market Daily Review (28 October 2008)
OREANDA-NEWS On 28 October was announced, that the PFTS index finding no support continues its "free fall". On Friday, having lost another 7.3% to reach 231 points, the index now is at its 35-month lowest. The broad UFC index demonstrated even greater decline, which lost 10.6% and continued its move within 100-point mark. The sectoral indices did not stay aside: UFC Metals collapsed 13.4%, UFC Utilities – 6.9% and UFC Engineering – 8.2%. Due to significant breaking through of a 200-point level, now UFC Metals will be looking for support nearby 150 points.
On Friday, amid massive sell-off in the steelmaking sector AZST and AVDK easily broke through their support levels. Now, AZST will have a new support line at the level of UAH 0.15, and AVDK – at UAH 1.7 level.
Detailed information are available here.
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