Market overview 2023-09-19

In anticipation of the U.S. Federal Reserve's discount rate to be released today, stock market participants preferred to continue reducing risk positions in equities, which led to a decline in major stock indices within 0.3 percent. The main focus of sellers was concentrated in the Utilities and Retail sectors. The release of rate data, and more importantly comments on it, is seen to determine the market movement by the end of this month - the close of the current financial year.