Quotations of MHP shares keep falling for 2nd week in a row, down 1.6% to USD 3.60 per share July 24-28

In the period of July 24-28, the quotations of shares of Kyiv-based MHP, one of the largest poultry meat producers, at the London Stock Exchange decreased by 1.6% or USD 0.06 to USD 3.60 per share, falling for the second week in a row.

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

According to the data, on July 24, the shares were quoted at USD 3.66 per share; on July 25, the quotations decreased to USD 3.65 per share.

On July 26-27, the share quotations remained at the same level USD 3.65 per share; but on July 28, the quotations fell to USD 3.60 per share.

Deals were made throughout the week.

Since the beginning of the year, the quotations of the company's shares have decreased by 3.7% (compared to the quotation level on January 3 - USD 3.74 per share).

As Ukrainian News Agency earlier reported, in the period of July 17-21, the quotations of shares of MHP at the London Stock Exchange decreased by 2.7% or USD 0.10 to USD 3.60 per share, after 1-week growth.

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.