OREANDA-NEWS. On 28 July 2009 UFC Capital released daily market expectations:

New constructions are on the increase in the US. Sales of new houses in the US this June increased 11% to 384 thousand in the annualized terms, being the maximum increase in eight last years. The number of houses proposed for sale reduced to 281 thousand – to the 10-year minimum. The average price for a new house in the USA this June fell 12% to USD 206.2  thousand as compared with June 2008.

The IMF board to discuss the “Ukrainian situation”. July 28, the board of directors of the International Monetary Fund (IMF) will consider the allocation a third tranche to Ukraine of a stand-by loan amounting to SDR 2.125 bn. The agenda includes the second reading of the program of cooperation between Ukraine and the Fund, including the stand-by loan, as well as consideration of Ukrainian authorities request as to revising of its provisions. We must say that according to the IMF operating in Kyiv, Ukraine this late June – early July reached all qualitative indicators set by the program.

Ukraine’s state debt increased this June. The aggregate state debt (direct) of Ukraine and the guaranteed by the state debt of Ukraine in June 2009, increased 8.3% to USD 28.7 bn. In the first six months of 2009 the state debt denominated in foreign currency terms surged 16.6% (USD 4.1 bn). In hryvna the overall dent increased 8.5% to UAH 218.9 bn, so far this year it has boosted 15.6% (UAH 29.5 bn). The Finance Ministry explains this growth inter alia by getting the second tranche from the IMF (SDR1.9 bn), issue of OVDPs as well as provision of state guarantees.

Investors demonstrate optimistic sentiments. July 27, on PFTS SE 104 deals were made with the shares of Ukrainian companies, for the total of UAH 11.0 mn. The biggest number of deals were sealed with the shares of Alchevsk Iron and Steel (ALMK) – 25. Meanwhile, on Ukrainska SE they made 500 deals for the total of UAH 11.3 mn. The most traded this time were the shares of Ukrnafta – 127 deals. We must say that the both stock exchanges that day demonstrated the biggest number of deals, which jointly with indicators increase may be treated as demonstration of investors’ optimism revival.