{
  "id": 15870581,
  "title": "Warsaw Stock Exchange suspends trading in IMC shares following 17.7% drop",
  "url": "https://urgent.news/2026/10/21/warsaw-stock-exchange-suspends-trading-in-imc-shares-following-17-7",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-21T09:40:43.000Z",
  "source": {
    "name": "Interfax-Ukraine",
    "slug": "interfax-ukraine",
    "url": "https://en.interfax.com.ua/news/economic/1223787.html"
  },
  "original_language": "en",
  "account": "The Warsaw Stock Exchange (WSE) suspended trading in shares of Ukrainian agricultural holding IMC on Wednesday due to a sharp 17.71% drop in share price, falling to PLN 22.30 per share. IMC is a large agricultural group operating in northern and central Ukraine, with significant land and storage assets. Shares of another Ukrainian agricultural company, Astarta, had already seen a 19.14% drop the previous day. IMC's shares had been at their lowest price last year prior to Wednesday's plunge, and had even exceeded PLN 41.5 in May this year. Before the trading halt, 127 transactions totaling PLN 0.28 million worth of IMC shares had been executed. The average daily trading volume over the past year stood at about 2,000 shares. Astarta shares fell 10.59%, while Agrotone and KSG Agro shares declined by 2.34% and 5.39%, respectively. In contrast, Milkiland shares rose 0.30%. On the London Stock Exchange, shares of MHP, Ukraine's largest chicken meat producer, rose 7.45% following a 7.94% drop on Tuesday. IMC's activities include crop production, grain storage and elevators, with a land bank of 115,000 hectares and storage capacity of 554,000 tonnes. In the first half of 2025, IMC recorded a net profit of $34.28 million, a 33% decrease from the same period the previous year. While EBITDA fell 22% to $50.23 million, consolidated revenue increased 6% to $88.88 million. Corn sales made up 98.1% of IMC's revenue, up from 97.8% in the first half of 2025. At the current WSE share price, IMC's market capitalization is valued at PLN 791.66 million ($203.5 million).",
  "summary": "The Warsaw Stock Exchange (WSE) suspended trading in shares of Ukrainian agricultural holding IMC (Industrial Milk Company) on Wednesday after its share price plunged 17.71% from the start of the day to PLN 22.30 per share.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}