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Ukrainian corporate stocks in continued plunge

February 19, 2014, 15:43 UTC+3 MOSCOW
The hryvnia currency and stocks are falling amid the opposition’s clashes with police in Kiev
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© EPA/ARNE DEDERT

MOSCOW, February 19. /ITAR-TASS/. Ukrainian corporate stocks are in decline on London and Warsaw stock exchanges amid political uncertainty and overwhelming protests in Kiev.

In Warsaw, agricultural holding KSG Agro’s stocks dipped 4.2%. Stocks of Milkiland, owners of the Ostankino milk plant, plummeted 4.8%.

Capitalization of Agroton, Europe's sixth agricultural corporation by business scale, plunged 2.2% to 78 million Polish zloty. The coal holding Sadovaya, managing facilities in industrial Donbas region, fell 3.2% to 27.14 million zloty. Stocks of agroindustrial group Ovostar are down 1.5 percent to 73.3 zloty per share.

Mironovsky Khleboprodukt (MHP) traded on the London Stock Exchange is losing 2%, while Avandard agroholding dropped 4%.

Ukraine's stock exchange opened on Wednesday with its key UX index 2.93% down to 863.67 points. By 13.40 Moscow time, decline worsened to 3.57%.

The hryvnia currency and stocks are falling amid the opposition’s clashes with police in Kiev, where smoke still billows above Independence Square. Ukraine's Ministry of Health says clashes have killed 24. Opposition leaders are urging protesters to sustain a line of fire burning on the square since Tuesday.

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