Ukrainian stocks remain volatile at WSE

MOSCOW. March 5 (Interfax) - Ukrainian stocks rallied at the Warsaw Stock Exchange on Wednesday after dropping earlier in the week amid reports on attempts being made to mend a rift between the presidents of Ukraine and the United States, with the WIG-Ukraine index rising by 12.96% to 579.38 on Wednesday afternoon.

Milkiland's stocks grew by 23.58%, those of the Agroton and IMK agricultural holdings by 19.78% and 23.58%, respectively, KSG-Agro by 11.94%, and those of Astarta, Ukraine's leading sugar producer, by 7.99%, Ukrainian media said citing reports from 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 increased in price by 15.67%.

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

In addition, the stocks of Kernel, Ukraine's leading vegetable oil producer, which are not included in the index calculation base because of a small free-float, rose by 7.24%.

At 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, grew by 3.63%, and those of the Ferrexpo mining company grew by 6.93% on Wednesday.

Ukrainian Eurobonds also grew on average by 2% to 6%, and the 2029 Eurobonds are currently traded at 70.13% and 2036 Eurobonds at 56.02% of par value.

Ukraine's GDP-linked warrants also rose by 0.13% to 77.95% of notional value.

Ukrainian stocks had sharply dropped at the WSE in the previous two days following failed negotiations between Zelensky and Trump last Friday.