Market cap fluctuations: Kernel gained 73% while Avangard lost 96%
15 May 2019
The latest review of the capitalization of Ukrainian publicly listed agroholdings prepared by Ukrainian investment portal Investory News shows that in the last five years a half out of eight publicly listed agroholdings lost in market capitalization while another half managed to increase it. In particular, Avangard agroholding lost 96% in its capitalization, while Milkiland’s capitalization decreased 92%. The capitalization losses of Astarta Kyiv comprised 33.8%, and MHP’s capitalization fell 24.3%.
In the same period, Kernel agroholding increased its market capitalization 73%, followed by Agroton (+69.5%) and Ovostar-Union (+61.5%). IMC raised the figure 60.2%.