Ukraine

Ukrainian stock prices rose sharply after news of reconciliation between Zelensky and Trump

On March 5, the prices of Ukrainian shares on the Warsaw Stock Exchange sharply increased have grown after the news about the reconciliation between the presidents of Ukraine and the USA, as well as the possibility of quick peace talks.

According to the Warsaw Stock Exchange, shares of Milkiland rose in price by 23.58%, agricultural holdings “Agroton” and “IMK” – by 19.78% and 23.58%, respectively, KSG-Agro – by 11.94%, and the largest sugar producer “Astarta” added 7.99%. Coal Energy shares also jumped by 15.67%.

In addition, the shares of the largest Ukrainian oil producer “Kernel”, which are not included in the index due to a small free-float, increased in price by 7.24%.

On the London Stock Exchange, the shares of the largest Ukrainian chicken producer MHP rose by 3.63%, while the mining company Ferrexpo recorded an increase of 6.93%.

On the Eurobond market of Ukraine, quotations increased by 2-6%. In particular, Eurobonds maturing in 2029 are valued at 70.13% of the nominal value, and with a maturity of 2036 – at 56.02%. GDP warrants also rose in price by 0.13%, reaching 77.95% of the notional value.

 

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