Business news from Ukraine

Business news from Ukraine

CAPITALIZATION OF SEVEN BIGEST AGRICULTURAL HOLDINGS GO DOWN OVER WEEK

The capitalization of seven largest Ukrainian agricultural holdings decreased over the period of January 10-14, while one increased, according to the data presented on the Warsaw and London Stock Exchanges, where their securities are quoted.
Thus, the capitalization of the agro-industrial group Kernel decreased by 1.5% over the past week, from PLN 4.873 billion ($1.23 billion) to PLN 4.798 billion ($1.21 billion).
The capitalization was also reduced by such agricultural holdings MHP – by 1.5%, from $737.7 million to $726.6 million, IMC – by 2.4%, from PLN 1.078 billion ($272.9 million) to PLN 1.051 billion ($266.0 million), Astarta – by 2.6%, from PLN 1.035 billion ($262 million) to PLN 1.007 billion ($254.9 million), and Ovostar – by 0.7%, from PLN 405 million ($102.5 million) to PLN 402 million ($101.8 million).
In addition, over January 10-14, the capitalization of the Agroton group of companies decreased by 0.5%, from PLN 146.05 million ($36.9 million) to PLN 145.19 million ($36.8 million), KSG Agro – by 0.7%, from PLN 57.1 million ($14.4 million) to PLN 56.63 million ($14.3 million), and Milkiland – collapsed by 17.8%, from PLN 68.43 million ($17.3 million) to PLN 56.56 million ($14.31 million).
During the specified period, only the capitalization of the Agroliga holding increased by 4.5%, from PLN 77.2 million ($19.5 million) to PLN 80.69 million ($20.4 million).
Accordingly, by the close of trading on January 14, the share price of Kernel was PLN 57.1 per share; MHP – $6.56 (PLN 25.9); IMC – PLN 31.7, Astarta – PLN 40.3, Ovostar – PLN 67.0; Agroton – PLN 6.7; KSG Agro – PLN 3.77; and Milkiland – PLN 1.8.

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