Ukraine Agriculture Stocks Advance on Closer Europe Ties - Businessweek:
"Ukrainian agricultural companies from Agroton Public Ltd. to Kernel Holding SA are rallying on speculation the government will reach a trade pact with the European Union that will help them boost exports.
The stocks are the best performers among 356 companies on the Warsaw Stock Exchange in the last five trading days. Wheat and sunflower producer Agroton soared 18 percent in the past week for the biggest gain. Kernel, the largest Ukrainian company listed on the Polish bourse, surged 46 percent from a March low while Milkiland NV, a dairy producer with businesses in Russia and Ukraine, has advanced 42 percent in three weeks as the confrontation between the two countries eased.
Petro Poroshenko, who was sworn in as Ukraine’s new president on June 7, vowed to complete a trade agreement with the EU “soonest” as he battles pro-Russian rebels in the country’s easternmost regions. A Bloomberg index of the most-traded Russian stocks in the U.S. fell yesterday for the first time in nine days as Ukraine accused President Vladimir Putin’s government of allowing armored vehicles to cross its border to help separatists. Markets in Moscow were closed for a holiday."
'via Blog this'
No comments:
Post a Comment