Shares of Ukrainian companies went up amid news about the start of peace talks

On February 13, quotations of shares of Ukrainian companies on the London and Warsaw Stock Exchanges sharply increased have grown against the background of news about the peace talks initiated by US President Donald Trump.
On the London Stock Exchange, shares of MHP agricultural holding rose by 13.29%, and Ferrexpo – by 18.06%. The increase was recorded after reports that Trump had begun negotiations on a peace settlement between the presidents of Russia and Ukraine, Volodymyr Putin and Volodymyr Zelensky.
Shares of Ukrainian companies on the Warsaw Stock Exchange showed a similar trend. According to stock exchange data, the value of Milkiland shares increased by 12.11%, the Coal Energy company, whose mines were stopped due to the war, by 6.79%, and the largest sugar producer in Ukraine, Astarty, by 5.36%. Agricultural holdings “Agroton” and “IMK”, which have land near the front, also showed growth – by 4.56% and 3.72%, respectively, and the shares of “KSG-Agro” rose by 4.85%.
In addition, the shares of the largest Ukrainian oil producer “Kernel”, which are not part of the Ukrainian stock index due to a small free-float, increased in price by 7.91%.
We will remind that on February 12, Donald Trump reported on a telephone conversation with the President of Russia. According to him, he agreed with Vladimir Putin to start the negotiation process regarding the end of the war in Ukraine. After that, he called Volodymyr Zelenskyi, and the parties discussed the prospects for a peaceful settlement, as well as the possibility of cooperation at the level of teams, including technological areas.