|
Authorization
Lost user data?
|
||||||||||||||||||||||||||||||
|
Indices: / OMXR 0.00% / OMXV 0.00% / OMXT 0.00% / OMXS30 0.00% / OMXH25 0.00% / MICEX 0.00% Stocks: VTBR 0.00% / OMXV 0.00% / OMXR 0.00% / EEH1T 0.00% / GAZP 0.00% / VTBR 0.00% / OMXV 0.00% / OMXR 0.00% / EEH1T 0.00% / GAZP 0.00% Porfolios: StraterS 0.00% / koncik 0.00% / Laime 0.00% / Life 0.00% / RIX 0.00%
Lithuanian Stock Market Overview 08/01/2007 - 12/01/2007
This week in Lithuanian Stock Market was full of changes, very active after the opening of the market and quite still at the end of the week. On Monday, 8th of January, market was extremely stormy, and the total turnover was close to 26.6 million EUR, number of deals was 1358. Tuesday was exceptional, because new deal number’s record was reached – 1846 per session, even though the total turnover was just about 15.6 million EUR. Despite very intensive trades in the beginning of the week, it ended with only about 6.4 million EUR during last two days altogether. OMX Vilnius index decreased by 0.33%, from 505.7 to 504.03, while only 14 stocks grew and 25 fell. The biggest increase in value in I-List and in the Lithuanian Stock Market belongs to Anykščių vynas (ANK1L), with the change of 14.29%. The biggest fall in value in I-List and in the whole market belongs to Alytaus Tekstilė (ATK1L), with a week’s drop of -13.33%. Banking sector was noticeable again, because both Ūkio bankas (UKB1L), with a positive change in value of 3.97% and the biggest number of deals in the market -1691; and Šiaulių bankas (SAB1L), which decreased in value by 0.25%; had the biggest turnover in the Main List, 3,877,782.95 EUR and 3,676,309.52 EUR respectively. The overall biggest turnover in the I-List and in the whole Lithuanian Stock Market was the one of Mažeikių Nafta (MNF1L) reaching 34,798,854.33 EUR.
The oldest company in the Eastern Baltic region Anykščių vynas (ANK1L), which started production of wine by industrial method and now produces beverages of more than 70 brand names, showed the biggest increase in stock’s value equal to 14.29%, rising from 0.41 EUR to 0.46 EUR. The number of deals was 119 and the total turnover reached 114,354.46 EUR, what still made only 0.3% of the total I-List’s turnover. The lowest price suggested during the week was 0.38 EUR per stock, while the highest reached 0.47 EUR. The highest change happened on Friday, 12th of January, but not affected not by one big trade, but by few separate deals, what could have been a result of investors’ searches for profitable stocks in very still market. Basically because there were no reasonable grounds or announcements of positive company’s performance, strong rise in value should not be expected during the next week, even vice versa – investors could start selling out their short-time stocks and it’s value would decrease.
Alytaus Tekstilė (ATK1L), being one of the largest producers of cotton and mixed fiber fabrics in the Baltic States, this week encountered the biggest decrease in its stock value both in I-List and Main List. Price changed by -13.33%, total turnover was 31,849.77 EUR, number of deals equaled 76. Stock value of this company is decreasing almost gradually, if to compare with the price which was one year ago, now it smaller more than 2 times. The only longer positive rise was noticed in the October 2006 and since then value decreased almost 1.5 times. All this data does not give any strong positive expectations for the investors, so one could predict that current fall in price is because stock owners want to get rid of shares which seemingly can not bring long-term benefit. Hence, it would be hard to predict immediate value rise next week; on the other hand, such a big decrease also should not be expected.
Mažeikių Nafta (MNF1L), company covering areas of oil business, such as refining of crude oil and other feedstock, loading of crude oil onto tankers in the marine terminal, pipeline transportation of crude oil and refined products, still stays as a leader of both I-List and the whole Lithuanian Stock market, having a turnover of 34,798,854.33 EUR. Value of its stock increased by 0.20%, raising the price from 2.95 EUR to 2.96 EUR, while the number of deals totaled 196. Such a big turnover can be a result of official offer, which enables investors to sell their current stocks at a reasonably high price till 15th of January. Other company related news was about temporal suspension of oil supply, because Belarus implied tax on oil transportation from Russia. One could expect slight decrease in this stock’s value next week, at least at the beginning of it, especially because of the ending of special company’s offer. Depending on the oil prices in the world market, also on Russia-Belarus conflict, price of Mažeikių Nafta (MNF1L) stocks can both rise and fall, but it is obvious, that investors will be highly interested in this fast changing multinational company so big turnovers should not surprice anyone.
By Justas Grigalauskas
|
|||||||||||||||||||||||||||||
