Business news from Ukraine

ELECTRAWORKS LIMITED (GIBRALTAR) AND OTHER BOOKMAKERS MAKE VOLODYMYR ZELENSKY ODDS ON FAVORITE TO WIN UKRAINE’S PRESIDENTIAL ELECTION

ElectraWorks Limited (Gibraltar), operating under the bwin sports betting brand, has updated odds for betting on Ukraine’s presidential election after the results of the first round of elections: odds for Volodymyr Zelensky’s victory have increased from 1.8 to 1 to 1.22 to 1. The odds of incumbent President Petro Poroshenko winning have dropped from 2.5 to 1 to 4 to 1.
The betting company Pari-Match is taking bets for Poroshenko’s victory in the second round at 3.1 to 1 odds, also making Zelensky the favorite at 1.35 to 1 odds.
Almost the same odds are given by another betting company 1Xbet: Poroshenko at 3.096 to 1, and Zelensky – 1.336 to 1.
As reported, with 98.3% of voting protocols processed, Zelensky and Poroshenko received 30.24% and 15.93% of votes, respectively.
Batkivschyna Party leader Yulia Tymoshenko received 13.39% of the votes, and Opposition Platform – For Life leader Yuriy Boiko – 11.66%.

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SHARES OF UKRAINIAN COMPANIES ON INTL STOCK EXCHANGES REACT CALMLY ON PRESIDENTIAL ELECTION

The most liquid shares of Ukrainian companies listed on the Warsaw Stock Exchange (WSE) and the London Stock Exchange (LSE) calmly reacted on the outcome of the first round of the presidential election in Ukraine.
According to the WSE, as of 10:00 am on April 1, the share price of the Ovostar agricultural holding slightly decreased – by 0.93%, to PLN 107 per share. The share price of Agroton agroholding increased 3.66%, to PLN 3.54 per share, Astarta – by 1.84%, to PLN 27.7 per share. Besides, the stock price of IMC increased by 0.72%, to PLN 13.95 per share and Kernel – by 0.2%, to PLN 49.3 per share.
On the LSE, the JKX Oil & Gas oil and gas company shares fell by 2.27%, to GBP 0.5375 per share. Shares of British Ferrexpo Plc, which controls Poltava and Yeristovo mining and processing plants in Ukraine, rose by 3.03%, to GBP 0.255 per share.
The stock price of the agricultural holding MHP increased 0.98%, to $10.35 per share. Share price of the British oil and gas company Regal Petroleum Plc with assets in Ukraine has not changed being GBP 0.435 per share.

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VOTER TURNOUT AT UKRAINE’S PRESIDENTIAL ELECTION AT 45% AS OF 15:00

Voter turnout at the presidential election in Ukraine as of 15:00 on Sunday was 45.12%, according to data from 197 out of the total of 199 electoral districts, Ukraine’s Central Election Commission (CEC) reported on its website. The data on voter turnout came from 197 electoral districts throughout Ukraine. The total number of electoral districts is 199.
Voter turnout in Vinnytsia region stood at 46.34%, in Volyn region at 48.21%, in Dnipropetrovsk region at 48.74%, in Donetsk region at 44.35%, in Zhytomyr region at 47.13%, in Zakarpattia region at 29.35%, in Zaporizhia region at 49.09%, in Ivano-Frankivsk region at 38.52%, in Kyiv region at 46.81%, in Kirovohrad region at 47.59%, in Luhansk region at 43.49%, in Lviv region at 41.18%, and in Mykolaiv region at 45.8%.
The first round of the presidential election has drawn a voter turnout of 41.84% in Odesa region, 48.84% in Poltava region, 46.74% in Rivne region, 48.1% in Sumy region, 42.49% in Ternopil region, 45.98% in Kharkiv region, 46.94% in Khmelnytsky region, 47.46% in Cherkasy region, 36.16% in Chernivtsi region, 48.69% in Chernihiv region, 43.78% in Kherson region and 46.47% in Kyiv.
Ukraine is holding the first round of its presidential election on Sunday. The polling stations will close at 20:00. A record-large number of candidates – 39 – are running in this presidential election.

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VLADIMIR ZELENSKY BECOMES ODDS ON FAVORITE TO WIN PRESIDENTIAL ELECTION IN UKRAINE

ElectraWorks Limited (Gibraltar), operating under the bwin sports betting brand and owned by GVC Holdings PLC in London, has made showman and Servant of the People Party leader Volodymyr Zelensky the odds-on favorite to win the upcoming presidential elections in Ukraine.
According to bwin’s website, incumbent President Petro Poroshenko’s odds have dropped from 2.2 to 1 to 2.05 to 1 over the last five days.
Odds for Batkivschyna Party leader Yulia Tymoshenko to become president have dropped from 4.75 to 5 to 1.
In fourth place, according to bwin, is Civil Position Party leader Anatoliy Hrytsenko, at 21 to 1.

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UKRAINIAN GOVERNMENT RESIGNATION UNACCEPTABLE BEFORE PRESIDENTIAL ELECTION

There are no economic prerequisites or political grounds for the resignation of the current Cabinet of Ministers of Ukraine, and this is unacceptable one year before the presidential election, People’s Front Party leader Arseniy Yatsenyuk has said. “There will be no resignations of the Cabinet of Ministers. There are no economic prerequisites or political grounds for that. The issue of a report by the Cabinet of Ministers is raised exclusively for political motives, as it was raised when there was a political struggle against my Cabinet of Ministers,” Yatsenyuk told reporters on the sidelines of the 11th Kyiv Security Forum on Friday.
The politician noted that the People’s Front faction has no questions to the government as a whole or to its members delegated to the Cabinet of Ministers from this political party. According to him, People’s Front representatives in the government are coping with their duties, and if partners from the Bloc of Petro Poroshenko party consider it necessary to change some ministers, then this is their right, and there is a respective procedure for this.
Yatsenyuk stressed that the resignation of the government was unacceptable one year before the presidential elections. “There must be stability in the country, so that a fair, transparent presidential election is held, so that the course of reforms continues in the country, and so that there are no signs of political destabilization,” he added.

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