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Ukrainian Stock Index Rises as Trump and Putin Gear Up for Peace Talks

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Ukrainian Stock Index Rises as Trump and Putin Gear Up for Peace Talks
News about financial markets and the war against Ukraine is displayed on a monitor at the NASDAQ MarketSite in Times Square, New York City, on March 12, 2025. (Source: Getty Images)

Ukrainian stocks saw an increase as investors anticipated US President Donald Trump’s upcoming conversation with Russian leader Vladimir Putin about a potential ceasefire.

The Ukrainian stock index on the Warsaw Stock Exchange (WSE) according to Interfax, surged by 9.43% on March 17 and gained an additional 5.54% by 1:00 p.m. Kyiv time on March 18, before slightly retreating later in the day.

By 2:45 p.m., Milkiland’s share price had increased by 1.69%, while agroholdings Agroton and IMC, with lands near the front lines, saw gains of 2.74% and 15.26%, respectively. KSG-Agro rose by 1.18%, and Astarti, the country’s largest sugar producer, gained 1.78%.

Coal Energy shares, which had stagnated due to the war against Ukraine, saw an uptick of 4.46%.

On the London Stock Exchange, where retail investors have less influence, the share price of MHP, Ukraine’s leading poultry producer, increased by 3.86%, and mining company Ferrexpo’s shares rose by 3.80%.

The WIG-Ukraine index, which fell dramatically from 574.37 points to 361.98 points on February 24, 2024, the first day of the war, had recovered to 644.74 points by mid-March 2025, reflecting optimism over peace talks.

Earlier, it was reported that Russian leader Vladimir Putin is demanding a halt to Ukraine's arms deliveries as a key condition for peace talks.

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