Shares of agricultural holding IMC increased by a third on the Warsaw Stock Exchange

Ukrainian agribusiness stocks showed mixed dynamics, but IMC was the undisputed leader of the week.

According to the results of the week from March 17 to 23, shares of the Ukrainian agribusiness holding IMC on the Warsaw Stock Exchange increased by almost 30%. This is reported by Latifundist with reference to data from the investment company Eavex Capital.

Experts note that this is the highest indicator among agribusiness companies present on the Polish market. Thus, the market capitalization of IMC jumped by 29.3% – to $319 million.

Overall, the dynamics of Ukrainian agribusiness companies on the WSE for the week was mixed:

• Astarta-Kyiv increased by 11.1%, to $380 million;

• MHP remained at $653 million, unchanged;

• Kernel lost 2.4%, capitalization decreased to $1.535 billion;

• Agroton fell by 3% to $36 million;

• Milkiland lost 4.1% to $23 million.

USM recently wrote that Ukraine could increase the level of EU agricultural supply to almost 100%.