Ukrainian stocks, eurobonds react cautiously to Washington talks

MOSCOW. Aug 20 (Interfax) - The WIG-Ukraine index of Ukrainian stocks on the Warsaw Stock Exchange (WSE) rose 3.45% to 598.86 points on Tuesday following talks in Washington between U.S. President Donald Trump, Ukrainian President Vladimir Zelensky and European leaders, while the exchange's main WIG20 index was up 1.05%.

The share price of the country's largest sugar producer Astarta increased 0.39% over the past day, Milkiland - 4.95%, and agricultural holdings Agroton, KSG-Agro and IMC - 16.44%, 4.16% and 4.35% respectively, while Coal Energy rose 3.99%, Ukrainian media said, citing WSE data.

Shares of the largest Ukrainian oil producer, the agricultural holding Kernel, which is not included in the index due to low free float, gained 5.37%.

On the London Stock Exchange (LSE), where there is no such influence of retail investors as on the WSE, shares of the largest Ukrainian poultry producer, the agricultural holding MHP, fell 1.97% on Tuesday, while the mining company Ferrexpo surged 12.02%.

As for eurobonds, on the Frankfurt Exchange on Tuesday they also rose to levels last seen in the second half of March: 2029 bonds were up 3.09% to 67.1%, 2034 bonds rose 1.14% to 56.95%, and 2036 bonds increased 5.37% to 55.88%.

The price of GDP warrants also increased 2.14% to 78.65% of the notional par, their highest level since the beginning of March this year.