Share price of the Ukrainian agrocompanies decreased resulting from the Kerch strait conflict
The price of the most liquid shares of Ukrainian agrocompanies trading on foreign stock exchanges fell on Monday after President Petro Poroshenko offered to impose martial law.
The stock price of the following companies decreased:
- Astarta-Kyiv — by 3.04% to PLN 28.70 (USD 7.6);
- Ovostar Union — by 3.51% to PLN 110 (USD 29.1);
- Kernel — by 6.67% to PLN 51.8 (USD 13.7);
- IMC — by 12.5% to PLN 12.95 (USD 3.42).
On the London Stock Exchange (LSE), MHP share price declined by 1.18% to USD 10.47.
According to experts polled by Latifundist.com, traditionally, shares on the Warsaw Stock Exchange react more sensitively to such incidents.
As reported earlier, on the night of November 26, during the meeting of the National Security and Defense Council of Ukraine (NSDC), President Poroshenko proposed to impose martial law. A special extraordinary session of the Parliament will take place on November 26 at 4.00 p.m. (Kyiv time), and at 6.00 p.m. (Kyiv time), an emergency meeting of the UN Security Council will start. The decision to hold an extraordinary meeting of the NSDC was taken during the meeting of the Military Cabinet in connection with the situation in the Kerch Strait and the attack on Ukrainian warships.