Financial Services, Markets and Companies, Transport

International Internet Magazine. Baltic States news & analytics Sunday, 27.05.2018, 08:28

20% of shares in Latvijas Kugnieciba shipping company change hands on Riga bourse

BC, Riga, 14.06.2017.Print version
OMXR, the capitalization index of the Nasdaq Riga stock exchange, dropped 0.54% to 853.58 points Wednesday on EUR 22.046 mln turnover, mostly ensured by one transaction with shares of Latvijas Kugnieciba shipping company. Almost 20% of the company's shares changed hands on Wednesday.

A share package worth EUR 21.982 mln was sold, suggesting it was a 19.6% stake held by OU Fondo H Estonia.

None of the Main List shares showed gains on Wednesday. The biggest loss on the Main List was for Latvijas Kugnieciba whose shares declined 4.91% to EUR 0.445.

Shares in Rigas Kugu Buvetava (Rigas KB) shipyard, the most busily traded stock on the Secondary List, remained flat at EUR 0.281.

Latvijas Kugnieciba shares generated the biggest turnover on Wednesday - EUR 21.982 mln, followed by Grindex pharmaceutical company with EUR 34,900, and Olainfarm drugmaker with EUR 25,800.

The total turnover of the Main List came to EUR 22.043 mln and EUR 3,600 worth of shares changed hands on the Secondary List.


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