OREANDA-NEWS  On 11 September was announced, that the market rebound on 8 September, as it was expected, resulted to be a short-term tendency. On 8 September the PFTS index collapsed by another 4%, while the broad UFC index lost 3%. As to the industries, here the trend was absolutely a downward one: UFC Metals sank 2.1%, UFC Utilities – 3.4%, and UFC Engineering – 3.4%.

Sell-outs made the market go even below the levels of the late 2006. Specifically, we would like to highlight a very significant decline of DOEN, which broke through its support of USD 9.6. So, we change the level of current support for this share to USD 5. A negative result was demonstrated by AVDK as well, which dipped below USD 3.2; thus, its new support may become the level of USD 2.4. More information are available here.