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International Internet Magazine. Baltic States news & analytics Saturday, 20.04.2024, 15:36

Tallinn Stock Exchange got stuck in February

BC, Tallinn, 01.04.2015.Print version
The start of the European Central Bank "money print" left Estonian investors indifferent, because after two months of robust increases, the Tallinn Stock Exchange again got stuck in March 2015, LETA/Postimees Online reports.

The OMXT exchange index rose 0.7% to 862.86 points.

 

Also trading statistics shows the return of the former low trading activity. The stock exchange turnover in March was 9.9 million euros, or by more than a third lower than in last year's March. As compared to February, turnover fell by almost a half.

 

The March ace was Silvano FG, whose share price rose by 11.3% to EUR 1.37. The stock had the highest trading activity, having the largest number of transactions, as well as the stock exchange turnover (EUR 2.1 million).

 

The biggest losers were Baltika (5.6%) and Tallink share (4.1%). Tallink share turnover was EUR 1.6 million.

 

Thanks to the strong January and February, the first-quarter results are still good. OMXT index rose by 14.3% in the first quarter. The turnover growth in the first quarter was still modest – EUR 40.6 million euros compared to 38 million in the first quarter of last year.

 






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