Share index of Ukrainian agroholdings collapsed on the Warsaw Stock Exchange

The WIG-Ukraine index of Ukrainian stocks on the Warsaw Stock Exchange, which has been rising rapidly in recent days on optimism about peace talks, fell by 8.07% on the morning of February 19 amid news of US President Donald Trump’s criticism of Ukrainian President Volodymyr Zelenskyy, and is now below its pre-war level of 558.30 points.

In particular, the share price of Milkiland fell by 6.13% on Wednesday, Agroton and IMC agricultural holdings with land near the front by 10.86% and 5.42%, KSG-Agro by 8.46%, and Astarta, the country’s largest sugar producer, by 5.05%.

Shares of Coal Energy, the company with the most expensive mines shut down due to the war, also lost 5% in value in recent days.

In addition, the share price of Kernel, the largest Ukrainian oil producer, fell by 11.07%, which is not included in the index due to its small free-float.

The shares of MHP, Ukraine’s largest chicken producer, have fallen by 3.13% since the beginning of the day on the London Stock Exchange, while the shares of Ferrexpo, a mining company, have fallen by 3.44%.

There is also pessimism in the Eurobond market: depending on maturity, their rate has decreased by 0.7%-3.1%, and GDP warrants have fallen by 0.54%.

As reported, the day before, the shares of Ukrainian companies on the Warsaw Stock Exchange for the first time exceeded the level before the outbreak of the Great War.

At the end of last week, the WIG Ukraine index of Ukrainian stocks on the Warsaw Stock Exchange jumped by almost 25% in a few days and returned to almost the level before the full-scale invasion.

As a reminder, on the first day of the full-scale war on February 24, 2024, WIG-Ukraine fell from 574.37 points to 361.98 points, and in May 2024 it dropped below 200 points.