The WIG-Ukraine index of Ukrainian stocks on the Warsaw Stock Exchange (WSE) reacted with an increase of 11.64% on Thursday, February 13, following the negotiations initiated by U.S. President Donald Trump the day before aimed at ending the Ukrainian-Russian war.
According to WSE data, the share price of Milkiland rose by 18.42%, KSG-Agro by 14.56%, and the agribusiness holdings "IMC" and "Agroton," which have land near the front, increased by 13.49% and 7.17% respectively. The largest sugar producer in the country, "Astarta" (all these stocks are part of the Ukrainian index), saw its shares rise by 7.28%.
The shares of Coal Energy, which has halted production due to the war, experienced the largest increase, climbing by 21.21%.
Currently, the WIG-Ukraine value has reached 509.54 points, marking the highest level since the start of the war when it plummeted in a single day from 574.37 points to 361.98 points.
Additionally, the shares of the largest Ukrainian oil producer, "Kernel," increased in price by 26.10%, although they are not part of the index due to a low free float.
The stock price of the largest Ukrainian poultry producer, MHP, on the London Stock Exchange, rose by 8.39% on Thursday.
Shares of the mining company Ferrexpo grew even faster at the beginning of the day, increasing by 18.06% within the first two hours of trading. However, the publication of a decree imposing sanctions on their largest owner, Konstantin Zhevago, subsequently led to a decline, resulting in a price increase of only 2.53% by the end of the day.