MHP shares continue to fall for 5th week in a row

Quotations of shares of one of the largest producers of poultry meat company MHP (Kyiv) on the London Stock Exchange fell for the fifth week in a row and from December 25 to 29 decreased by 3.2%, or USD 0.10, to USD 3. 07 per share.

This follows from a statement by the company, the Ukrainian News agency reports.

According to her, no share trading was held on December 25-26.

On December 27, the company's stock was quoted at USD 3.17 per share; on December 28, the stock price dropped to USD 3.10 per share, and on December 29, the stock price decreased to USD 3.07 per share.

Deals were made throughout the week.

Since the beginning of the year, the quotations of the company's shares have decreased by 17.9% (compared to the quotation level on January 3 - USD 3.74 per share).

As the Ukrainian News agency earlier reported, MHP shares fell by 0.3%, or USD 0.01, to USD 3.14 per share from December 18 to 22.

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

On February 2, 2021, the Myronivskyi Hliboprodukt 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 depositary receipts on the stock exchange since 2008.