Börse Express – Eastern European Equities Conclusion: Losses Before US-China Trade Agreement

The most important
Eastern European equity markets closed in the red on Wednesday.
The European stock market environment presented itself in advance of the
Signing of a phase 1 trade agreement between the United States and
The majority of China also went deeper in the early evening. For
Uncertainty primarily caused that those imposed since 2018
additional tariffs should initially remain.

The Hungarian leading index Bux fell by 0.88 percent
44 565.03 counters. The shares of
MTelekom by 0.34 percent. They were under pressure
Share certificates of the oil and gas group Mol with a
Discount of 0.91 percent and OTP Bank’s papers
with a minus of 1.63 percent.

The Warsaw Wig-30 fell by 0.80 percent
2495.35 points. The broader wig lost 0.76 percent to 58
671.25 points.

Polish consumer price data had one for December
Inflation rate of 3.4 percent shown. The price pressure is also likely
remain comparatively high in the new year.

On the corporate side, the oil and gas group PGNiG announced three new oil exploration licenses
and obtained natural gas in Norway. The shares of
Companies nevertheless gave in the wake of a weak industry mood
by 0.64 percent. Other oil stocks like lotus and
PKN Orlen was also weaker.

A new analyst estimate was also available for PKN Orlen. The
Raiffeisen Centrobank had because of the weaker
macroeconomic environment expressed skepticism about the papers. moreover
the analysts were skeptical about the planned takeover of Energa. The
Energa shares lost 0.87 percent.

The unit certificates of the
Supermarket chain Dino Polska, with an increase of 2.30 percent den
Wig-30 led. They already had clear on both days
Exchange rate fluctuations noted.

After five consecutive trading days with price gains, the
Czech leading index PX by 0.53 percent to 1133.09
Points. The shares of the
Software company PX with an increase of 1.95 percent to the
Top of the PX. There were also Moneta, O2 C.R. and stock spirits
three more course winners.

The Czech leading index, however, was burdened by the discounts
two heavyweight bank stocks. Erste’s share certificates
Group the weakest PX value fell by around 2
Percent and the Komercni Banka shares lost
1.8 percent.

The Russian RTSI index closed in Moscow 0.17
Percent lower at 1602.29 points. In the meantime, he had around 1
Percent lost.

The RTSI was under pressure due to political turmoil
because after the announcement of a constitutional reform was the Russian
Government resigned completely unexpectedly. He wanted president
Vladimir Putin thereby give the opportunity to do the necessary
Prime Minister Dmitri said to initiate changes in the country
Medvedev with. Putin hit the head of the Russian tax authority,
Mikhail Mishustin, as a candidate for the post of
Heads of government before / la / he

 ISIN  RU000A0JPEB3  XC0009698371  XC0009655090  PL9999999375

AXC0311 2020-01-15 / 19:22

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