Market overview 2023-12-07

The main stock indices also managed to show upward movement within 1.4 percent on Thursday's trading, primarily thanks to the Communications sector stocks, which showed over 3 percent growth. The Energy sector, on the contrary, held back Thursday's overall positive market sentiment amid declining energy prices. The proximity of Christmas holidays and some defusing of geopolitical tensions add optimism to market participants, but there are too much "if" in the information field now, and it seems a bit premature to be fully confident in the continuation of the upward movement.