Prices for Ukraine's eurobonds, which had been gradually rising ahead of the U.S. presidential elections scheduled for November 5, increased by another 2-4% on November 6 following the news of Donald Trump's victory and expectations that this would enhance the chances for ending the war.
According to data from the Frankfurt Stock Exchange, the price of eurobonds maturing in 2029 rose by 2% to 60.25% of par value, while longer-term bonds maturing in 2034-2036 increased by 3.3-4.2%, approximately reaching 46-47% of par value.
Additionally, GDP warrants appreciated by 3.8%, reaching a level of 71.94% of the conditional par value they were at before the full-scale war.
The prices of Ukrainian corporate eurobonds also saw slight increases. For instance, the bonds of "DTEK Energy" and "DTEK VIE" rose by 0.5-1%, "Kernel" by 1.4%, and "Ukrenergo" by 0.7%, while the prices of "Metinvest" bonds remained stable or even dipped slightly.
In the absence of a domestic Ukrainian market, the shares of Ukrainian companies traded abroad also experienced price increases. The largest gain was seen in the shares of the mining company Ferrexpo on the London Stock Exchange, which rose by 27.33%, while the shares of agricultural holding MHP increased by 0.74% there as well.
On the Warsaw Stock Exchange, the most significant growth was recorded in the shares of IMK and KSG Agro, which rose by more than 7%, while the shares of "Astarta" and "Kernel" increased within the range of 1-2%.
As a result, the WIG-Ukraine index rose by 3.4% by the end of the day, while the KPDCI_USD index increased by 8.7%.