News
01.02.2017
Price of shares of the Ukrainian public agrarian companies increased at record
Total capitalization of the Ukrainian public agrarian companies the shares of which are listed on international financial exchanges, as of January 30, 2017 was USD 3.2 billion, that is by 16.5% more than at the beginning of January this year (+ USD 458.4 million). Since 2015, it is the highest index of market capitalization.
Comparing the end of January 2016 to the same period of 2017, the total capitalization increased by approximately 50% (+ USD 1,074 million). The value of Kernel Company increased the most (+ USD 727.5 million), in particular due to the fact that in January 2017 the company released Eurobonds to the amount of USD 500 million. The market value of shares of agricultural holdings ‘Astarta’ (+ USD 218.9 million) and ‘MHP’ (+ USD 104.6 million) increased as well.
Rising cost of the Ukrainian agricultural companies is a result of their profitable operation within the past three years and is associated with the relative stabilization of macroeconomic situation in the country. If these conditions are maintained, further growth of the companies’ value can be expected in the future.
