Coronavirus: first financial damages of Ukrainian agroholdings

The coronavirus struck the Ukrainian agro-sector in the hottest period — the beginning of the sowing campaign.

On the backdrop of the global economic crisis caused by the pandemic, Ukrainian farmers are already experiencing the first losses.

Thus, the shares of most of the leading agricultural holdings in Ukraine have dropped significantly. According to the investment company Eavex Capital, the capitalization of Ukrainian agro companies has decreased from 4.1% (“Ovostar Union”) to 28.3% (“Astarta–Kyiv”) for the period from March 5 to March 12.

Stocks of Ukrainian agro-companies fell by more than half a billion dollars at world exchanges.

Subscribe to Mizez: