This surge was triggered by news of the initiation of peace talks between Donald Trump, the President of Russia, and Volodymyr Zelensky, which emerged the night before. This trend also impacted the stock prices of Ukrainian companies listed on the Warsaw Stock Exchange.
According to exchange data, Milkiland's shares rose by 12.11%, while Coal Energy, whose operations have been hampered by mine closures due to the war, increased by 6.79%. The stock of Ukraine's largest sugar producer, Astarta, appreciated by 5.36%.
Agricultural holdings Agrotone and IMK, which have land assets near the front line, saw increases of 4.56% and 3.72%, respectively. Meanwhile, KSG-Agro, which is also part of the Ukrainian stock index, gained 4.85% in value.
Notably, the shares of Kernel, the largest oil producer in Ukraine, experienced a significant jump of 7.91%, although they are not included in the index due to a limited free-float share percentage.