9 Apr 2025 11:59

Ukrainian stock index in Warsaw rises first time in 10 days - Warsaw Stock Exchange

MOSCOW. April 9 (Interfax) - The WIG-Ukraine index of Ukrainian shares on the Warsaw Stock Exchange (WSE) rose by 6.92% on Tuesday to 543.63 points after nine days of continuous decline, when it fell from 638.99 points to 495.42 points, Ukrainian media said, citing the WSE.

The price of Milkiland shares soared by 19.38% on Tuesday. In turn, the price for shares of Agroton and IMK agricultural holdings rose by 10.93% and 4.10%, respectively, the price for KSG-Agro shares by 21.23%, the price for Coal Energy shares (all these securities are part of the index) by 17.50%, and the price for shares of Ukraine's biggest sugar producer Astarta by 5.25%, the media said.

The shares of the largest Ukrainian vegetable oil producer, the Kernel agricultural holding, which are not included in the index due to their low free float, rose the most over the day by 28.49%, to PLN17.86. Their rocking growth even forced the exchange to suspend their trading. It's worth noting though that they fell from PLN22 to PLN13.90 over the nine previous days.

The dynamics of Ukrainian shares on the WSE on Tuesday were better than the dynamics of the entire Polish market, which, along with other European markets, slightly recovered from the significant declines of the previous days caused by U.S. President Donald Trump's decision to raise tariffs. Thus, the WIG index gained 3.06% in a day, and the WIG20 grew 3.15%.

On the London Stock Exchange (LSE), where retail investors are not as influential as they are on the WSE, the price of shares of Ukraine's largest poultry producer, the MHP agricultural holding, surged by 7.39% by the end of the day, alongside a 3.52% increase in the price of shares of the Ferrexpo mining company.