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

Coal Energy SA

04/03/2025 12:32

** 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

 (Reporting by Rafal W. Nowak and Anna Banacka)

 ((RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63;))