Share price declines of WSE-listed Ukrainian stocks deepen
August 12, 2014
WIG-Ukraine index incorporating 11 Ukrainian companies has declined by 40% since the beginning of the year and is on the lowest levels in history.
Political situation is the main the factor determining share prices and will continue to do this as the conflict between Russian and Ukraine is not coming to an end, Unicredit CAIB analyst Marcin Gatarz said.
Another factor affecting share price are declining prices of crops, the analyst says adding that no significant rebound is likely to take place soon.