2024-09-02T18:33:00+03:00 Finance 2024-09-23T04:00:02+03:00

Ukrainian news

MHP share quotations drop after one-week rise, down 2.6% August 26-30

MHP share quotations drop after one-week rise, down 2.6% August 26-30

In the period of August 26-30, the quotations of shares of Kyiv-based MHP, one of the largest poultry meat producers, at the London Stock Exchange increased by 2.6% or USD 0.11 to USD 4.17 per share, after growing for one week.

This is stated in the company's information on the exchange's website, the Ukrainian News agency reports.

According to it, on August 26, there was no share trading.

On August 27, the company's shares were quoted at the level of USD 4.28 per share; on August 28, the share price decreased to USD 4.18 per share; and on August 29, it further fell to USD 4.16 per share.

Although, on August 30, the share price increased to USD 4.17 per share.

Deals were made throughout the week.

Since the beginning of 2024, the quotations of the company's shares have increased by 30.3% (compared to the quotation level on January 2 - USD 3.20 per share).

As the Ukrainian News agency earlier reported, in the period of August 19-23, the quotations of shares of MHP at the London Stock Exchange increased by 4.7% or USD 0.19 to USD 4.20 per share, after falling for one week.

For 2023, MHP stock fell 18.1%, or USD 0.68 per share, to USD 3.07 per share.

On February 2, 2021, the Myronivskyi Khliboprodukt company officially changed its legal name to MHP.

MHP is a vertically integrated complex of enterprises for the production of chicken, hatching eggs and fodder, engages in crop cultivation, cultivating 360,000 hectares of land, and produces chicken meat under the name Nasha Riaba.

The founder of the company is Yurii Kosiuk.

MHP shares have been listed in the form of global depository receipts on the stock exchange since 2008.