Ukrainian stocks opened trading on the Warsaw Stock Exchange (WSE) on Monday morning with significant growth – ranging from 6% to 20% – following news of progress achieved during Sunday’s negotiations in Geneva between the Ukrainian and American delegations regarding a 28-point peace plan.
According to exchange data, just an hour after the start of trading, following a certain downward correction, the quotes of Ukraine’s largest sugar producer, Astarta, increased by 4.95%. Milkiland shares added 12.50%, and the papers of agricultural holdings KSG-Agro, IMC, and Agroton rose by 9.79%, 4.69%, and 15.16% respectively.
Securities of Ukraine’s largest oil producer – the agricultural holding Kernel, which are not included in the index due to low free-float, rose by 5.75%.
On the London Stock Exchange (LSE), the quotes of Ukraine’s largest poultry producer – the MHP agricultural holding – also increased by 6.41%.
