19 Mar 2025 16:26

Ukrainian stocks, Eurobonds fall in wake of Trump-Putin phone call

MOSCOW. March 19 (Interfax) - The Ukrainian stocks are falling on the Warsaw Stock Exchange (WSE) and the London Stock Exchange on Wednesday on the back of reports on the outcomes of the phone call between U.S. President Donald Trump and Russian President Vladimir Putin, after their marked growth on Monday and Tuesday.

The shares of the Agroton agricultural holding were down 8.01%, Milkiland down 7.33%, Coal Energy down 7.30%, KSG-Agro down 4.62%, and shares of Astarta, Ukraine's largest sugar producer, went down 2.29%, and shares of Kernel, Ukraine's largest sunflower oil producer, down 2.36%, Ukrainian media said, citing WSE data at noon on Wednesday.

Only shares of the IMK agricultural holding gained 4.17%.

On the London Stock Exchange, which is less exposed to retail investors' influence than the WSE, shares of the MHP agricultural holding, the largest poultry producer in Ukraine, lost 2.16% from Wednesday morning, while shares of the Ferrexpo mining company, went down 12.01% (the company on that day released an annual report with growing losses and a statement on initiation of international arbitration proceedings against Ukraine over a 49% stake in the Poltava Mining and Processing Plant).

Ukraine's Eurobond market is also observing a decline in bond prices by 1.3% to 2.6% on the Frankfurt Exchange, while GDP-linked warrants dropped 0.25%.