Ukrainian stocks continue falling at WSE on news from Washington

MOSCOW. March 4 (Interfax) - Ukrainian stocks, which plummeted 15.3% on the Warsaw Stock Exchange (WSE) on Monday following the verbal clash between the Ukrainian and U. S. leaders on Friday evening, continue falling markedly on Tuesday on news of the suspension of U.S. military assistance to Ukraine, Ukrainian media reported.

Milkiland stocks were down 11.65%, Agroton and IMK agroholdings fell 2.14% and 5.58%, respectively, KSG-Agro lost 7.26%, and Astarta, the country's largest sugar producer, decreased 3.23%, media said citing the WSE.

The stocks of Coal Energy, whose coalmines have been stopped because of the crisis and whose stocks were earlier growing the fastest, have now showed the deepest decline by 13.17%.

All of the abovementioned securities are part of the index calculation base.

The stocks of Kernel, Ukraine's leading vegetable oil producer, fell by 9.09%. They are not included in the index calculation base due to small free-float.

At the same time, it is worth noting that the WIG index as a whole is down 2.4% since Tuesday morning after the U.S. imposed tariffs on Canada, Mexico and China.

At the same time, on the London Stock Exchange, which does not see as much influence of retail investors as the WSE, the stocks of MHP, Ukraine's leading chicken producer, declined by 1.64% and those of the Ferrexpo mining company dropped by 7.93%.

The Ukrainian Eurobonds also continued to fall by 0.6%-2.6% on the news from the U.S., as the 2029 Eurobonds are traded at 68.2% of par value, while those maturing in 2036 are traded at 52.9%.

Ukraine's GDP-linked warrants also fell by 1.6% to 77.2% of face value.