On April 22, the index of Ukrainian shares WIG-Ukraine on the Warsaw Stock Exchange (WSE) after the two-day Easter break increased by 5.67% to 548.51. This happened against the background of the expected meeting in London between representatives of the USA, Ukraine and the EU, which will be devoted to discussing the conditions of a possible ceasefire and reaching a peace agreement with Russia.
According to the WSE, the shares of Ukrainian companies showed significant growth: Coal Energy, which has mines stopped due to the war, rose in price by 18.49%; Milkiland — by 11.54%; agricultural holdings “Agroton” and “IMK”, whose lands are located near the front line — by 6.30% and 4.78%, respectively. KSG-Agro grew by 7.69%, and the shares of Astarta, one of the leading sugar producers in Ukraine, included in the index basket, added 3.94%.
Securities of the Kernel agricultural holding, the largest oil producer in Ukraine, although not included in the index due to limited free circulation, rose in price by 2.42%. In general, the dynamics of Ukrainian shares on the WSE on Tuesday exceeded the movement of the main Polish stock indices: the WIG index increased by 1.06%, and the WIG20 – by 0.15%.
At the same time, on the London Stock Exchange (LSE), where the influence of retail investors is less noticeable, a decrease in quotes was observed: shares of MHP agricultural holding, the largest Ukrainian chicken producer, decreased by 6.02%, and the papers of the mining company Ferrexpo – by 0.59%.
As for Ukrainian Eurobonds, their quotations increased by another 0.7–1.9% over the last day. Notes maturing in 2029 are valued at around 62.5% of par, 2036 bonds at 49.1%, while the value of GDP warrants rose 1.3% to 69.9% of par. The market reacted positively to the Sunday statement of US President Donald Trump, who expressed hope that a peace agreement between Ukraine and Russia could be reached this week.
