Capitalization of seven Ukrainian 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.

Open4Business

Tags: capitalization, agricultural holdings, Agroton, IMC, Ovostar, АгроЛига, Ukraine, Kernel, MHP, Астарта