Ukraine’s Stocks and Eurobonds Surge After US-Ukraine Talks in Jeddah

Jeddah talks impacted positively on Ukraine’s stocks as they gained 4-10% on average, Eurobonds and GDP warrants gained 1-2%.

After the US and Ukraine reached an agreement of 30-day ceasefire between Russia and Ukraine, stocks of Ukrainian companies listed on London and Warsaw Stock Exchanges climbed by 1-10%. 

Ukraine’s Eurobonds and GDP warrants gained no more than 2%, according to Wednesday morning data cited by Interfax-Ukraine

The stock price of agricultural holding MHP on the London Stock Exchange rose by 0.97% as of 13:28 AM Kyiv time on Wednesday, according to LSE data

Ferrexpo stocks gained 4.58%, LSE chart says.  

According to the data on Warsaw Stock Exchange on Wednesday noon Warsaw time (1 p.m. Kyiv time), Ukrainian stocks also surged over the last 24 hours:

Eurobond prices gained 0.6-1.9%, according to Interfax-Ukiraine. 

“Eurobonds maturing in 2029 are now quoted on the Frankfurt Stock Exchange at 68.13% of nominal value, and those maturing in 2036 at 55.43%. GDP warrants also rose by 0.78% to 77.75% of their nameplate value,” the media outlet wrote.