UFC-Capital Announced Ukrainian Market Daily Review (6 November 2008)
OREANDA-NEWS On 07 November was announced, that on Wednesday, the PFTS index overcame its 300-point mark by demonstrating a 2.8% growth. This dynamics may be partly explained by specifics of the PFTS index calculation, as de-facto the market growth was replaced by its sideways movement, which manifested itself by decline of the broad UFC index by 0.5%.
The machine engineering represented by UFC Engineering sank 4.1%, and a 2.5% decline after two days of active growth was observed in the power industry. UFC Metals is the only sectoral indicator that managed to climb 0.4% yesterday.
Despite some rebounding downwards of the power industry in general, yesterday ZAEN continued its growth and closed below UAH 300. Thus, the security entered the range of UAH 285-400, yet in the next days we shall see whether ZAEN will manage to consolidate at its new level.
Detailed information are available here.
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