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Ukraine's stocks surge to pre-war levels on Warsaw exchange

Photo by Kamil Gliwiński / Unsplash

WIG Ukraine, the index for Ukrainian stocks on the Warsaw Stock Exchange (WSE), surged nearly 25% in recent days, reaching pre-war levels, Polish business outlet Puls Biznesu reported.

Financial markets have responded positively to US promises of a plan to end the Russia-Ukraine war. After Donald Trump's election victory, Ukraine's sovereign bonds also rose as investors anticipated a quicker resolution to the conflict.

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