EAVEX Weekly

July 12, 2021

On the Warsaw stock exchange, there was a broad correction in Ukrainian agro stocks. Astarta (AST) fell 5.9% to PLN 48.00, Kernel (KER) slipped by 1.5% to PLN 54.20, and Agroton (AGT) dropped by 3.7% to PLN 7.90. In currency trading, the hryvnia gave up 0.3% to close at 27.33 UAH/USD. The National Bank said that the country’s foreign exchange reserves were at USD 28.4bn at the the beginning of July, covering 4.3-months of the country’s future imports, which indicates sufficiency of the reserves’ level.