Index of Ukrainian stocks on Warsaw Stock Exchange up 3.5% in last month

The WIG-Ukraine, one of two national indexes calculated by the Warsaw Stock Exchange, and which includes Ukrainian companies listed on the WSE, finished April at 288.23 points, which is 3.5% higher than at the end of March, but lower than the record high reached in April this year of 301.7 points.

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According to UNIAN correspondent in Warsaw, in April there was an increase in the value of the stocks of four of the eleven Ukrainian companies listed on the main floor of the Polish exchange.

The biggest increase was for speculative stocks in the Sadovaya Group (+ 70%) and Milkiland (+ 25%), and stocks in the second largest Ukrainian company on the WSE, Astarta (+ 13.4%).

The manufacturer of eggs and egg products Ovostar increased its market cap by almost 5%.

The stocks of Kernel, the largest Ukrainian company on the WSE, fell by 5.5% over the last month amid a downward tendency for other companies, ranging from 1-13%.

The last closing value of WIG Ukraine was 18% higher than at the end of last year.

In April, the Ukrainian index rose on the background of positive dynamics of the main indicators of the Polish stock market, with an increase of 4.4-5%.

As UNIAN reported earlier, the first quarter of 2015 ended with an increase in the WIG Ukraine’s value by 14%, after a collapse last year on the backdrop of Russia’s aggression against Ukraine.

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