MHP shares appreciated the most, gaining 6.1% in value over the week
Over the past week, MHP shares rose in price by 6.1%, and Kernel quotes increased by 0.2%. These are the only Ukrainian agricultural holdings that demonstrated positive dynamics on international stock exchanges. This was reported by Latifundist.com citing Eavex Capital, according to the portal PromPolitInform.
According to Eavex Capital, the rise in MHP share value was the most notable among representatives of the Ukrainian agricultural sector listed on the Warsaw and London stock exchanges. At the same time, Kernel’s dynamics proved less significant, yet still positive.
Decline in quotes of other agricultural holdings
Meanwhile, most other domestic agricultural companies finished the week with negative results. Specifically, Agroton shares lost 4.7%, Astarta — 3.2%, KSG Agro — 2.6%, Milkiland — 2.2%, and IMC — 0.9%.
Market capitalization of companies
Despite weekly fluctuations, the overall trend for Ukrainian agricultural companies since the beginning of the year remains negative. The most significant devaluation of papers was recorded for Agroton, which lost 33.6% of its value.
Kernel remains the leader in market capitalization, with a value estimated at $1.462 billion. MHP holds the second position with a capitalization of $557 million, while IMC ($188 million) and Astarta ($185 million) follow in third and fourth places respectively.
Among other market players, Agroton has a capitalization of $20 million, Milkiland — $11 million, and KSG Agro — $10 million. Overall, the market performance of most companies in the sector shows a decline compared to the beginning of the current year.
Illustrative photo: Ank Kumar / CC BY-SA 4.0
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