Market overview 2023-03-20

Waiting for release of data on FRS discount rate, the US stock markets took wait-and-see attitude, holding trades on rather average volumes with changes of about 1 percentage point by the main indexes. Information on takeovers, mergers and liquidations in the banking sector was not reflected in the participants' mood, as they considered this information played out and concentrated on Wednesday's news in order to form their own medium-term expectations. The Energy and Basic Materials sectors were among the leaders on expectations of low rate growth.