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Two out of three Ukrainian company IPOs cancelled on Warsaw exchange
Journal Staff Report

KIEV, July 18 – Two out of three initial public offerings of companies with assets in Ukraine on the Warsaw Stock Exchange scheduled for July have been postponed due to the unfavorable situation on the market and what market players called a lack of interest in the companies, given the oversupply of agricultural sector shares.

An analyst from BG Capital Investment Company, Dmytro Ushenko, told Interfax-Ukraine that despite the attractiveness of the issuers, panic on international markets provoked by a new upsurge of crisis in the eurozone had affected the situation. The Polish stock market fell by 4% in the WIG-20 index during the past month before the IPOs, while the Polish WIG-Ukraine index lost around 9%, he added.




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