Quotations Of MHP Shares Drop After 2-Week Rise, Down 1.7% To USD 3.41 Per Share May 8-12

In the period of May 8-12, the quotations of shares of Kyiv-based MHP, one of the largest poultry meat producers, at the London Stock Exchange decreased by 1.7% or USD 0.06 to USD 3.41 per share, after rising for two weeks.

That follows from the company's data posted on the stock exchange's official website, Ukrainian News Agency reports.

According to the data, on May 8, there was no share trading; on May 9, the shares were quoted at USD 3.47 per share.

On May 10, the shares were increased to USD 3.49 per share; on May 11, they decreased to USD 3.42 per share, and on May 12 - to USD 3.41 per share.

Deals were made throughout the week.

Since the beginning of the year, the quotations of the company's shares have decreased by 8.8% (compared to the quotation level on January 3 - USD 3.74 per share).

As the Ukrainian News Agency earlier reported, in the period of May 1-5, the quotations of shares of MHP at the London Stock Exchange increased by 1.8% or USD 0.06 to USD 3.46 per share, growing for the second week in a row.

For 2022, MHP stock fell by 44.2% or by USD 2.97 per share to USD 3.75 per share.

On February 2, 2021, the Myronivskyi Khliboprodukt company officially changed its legal name to MHP.

MHP is a vertically integrated complex of enterprises for the production of chicken, hatching eggs, and fodder.

The founder of the company is Yurii Kosiuk.

MHP shares have been listed in the form of global depository receipts on the stock exchange since 2008.