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Ukrainian stocks in Warsaw trim losses after Kyiv says open to US minerals deal

ReutersMar 4, 2025 12:32 PM

Shares of Warsaw-listed Ukrainian companies rebound in volatile trade after Ukrainian Prime Minister Denys Shmyhal indicates Kyiv's willingness to continue discussing a mineral deal with the U.S.

"We will continue to work with the U.S. through all available channels in a calm manner," Shmyhal tells a press conference on Tuesday

The stocks reversed course or trimmed losses after falling earlier, as U.S. President Donald Trump has paused military aid to Poland's neighbour

Ukraine's largest grain producer and exporter Kernel Holding KER.WA is down around 6.6% after falling as much as 11% earlier in session and a 6% decline on Monday

Coal Energy CLEP.WA jumps over 7.7% after falling as much as 18% and a 24% selloff on Monday

Ukraine's largest sunflower seed producer Agroton AGTP.WA is flat

"The slump in Ukrainian agro companies listed on the Warsaw Stock Exchange was a clear consequence of negative political news regarding worsening relationships between Kyiv and Washington", brokerage Eavex Capital's Dmytro Churin says

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