Baltic Securities Market: 31.01.-04.02, 2011
OREANDA-NEWS. February 11, 2011. Over the reporting period the Baltic Stock Exchanges indices demonstrated mixed result at a low volatility. Positive result got the indices of Tallinn (+1,61 %) and Vilnius (+0,86 %) Stock Exchanges, negative - the index of the Riga Stock Exchange (-1,29 %).
The volume of trading on the Riga Stock Exchange was above the average and amounted to 334,000 lats. The top performers of trading were the stocks of Grindeks – 103,000 lats, Olainfarm 79,000 lats and SAF Tehnika 73,000 lats.
Most shares of issuers of the Riga Stock Exchange experienced decrease over the reporting period The most drastic fall demonstrated: Kurzemes CMAS (-21.30 %), Daugavpils Lokomotivju Rupnica (-18,51 %), Liepajas Metalurgs (-12,77 %), SAF Tehnika (-6,10 %), Latvijas Tilti (-5,23 %), Grindeks (-2,53 %), Latvijas Gaze (-1,85 %).
The stocks of Latvijas Kugnieciba (+3,41%), Olainfarm (+1,65%) and Latvijas Balzams (+1,46%) were moving contrary to the index.
As to the latest news, it is worth noting that according to preliminary estimates the revenue of the company Olainfarm for last year amounted to 25.2 million lats, which is by 13 % more than in 2009. In 2011 the company is planning to earn at least 29 million lats.
The company Baltika published its revenue data for January 2011, which is 4.51 million euros and by 7% more than a year ago.
The share price of TEO LT practically did not change over the reporting period, and at closing on Friday it was 0,708 euro per share.
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