OREANDA-NEWS. February 26, 2010. UFC Capital released daily market view:
Equity market. February 24, the index of Ukrainska SE closed up 0.84%. Yesterday, this indicator broke through the psychological level of 1800 points and closed at 1808.63 points. We must say that expected by many players growth of RTS SE (Russia) after two holidays did not take place and it was declining during the entire trading day after the trades were opened. Meantime, the indices of the European larges stock exchanges throughout trades in the Ukrainian stock market stayed around the previous day close values. So, it can be assumed that increase in Ukrainska SE index occurred for account of investors’ optimism in respect of some shares included into the index basket of the indicator. Overall, on this trading floor this Tuesday 2,045 deals were made for the total of UAH 44.5 mn. On the order-driven market the biggest increase had the shares of Poltava Mining (PGOK) and Ukrtelecom (UTLM) –6.1% and 6.0%, accordingly.
In the USA the trading day opened on the rise of stock indices. Bullish sentiments of investors were not abated even by extremely negative news about new home sales drop to their historical minimum since the start of this indicator calculation in 1963. A bit later, Ben Bernanke, the Fed chair, by his speech cheered up the optimists in which he claimed that the interest rates would stay low in the near-term period.
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