Tallinn 10:00-14:00
Riga 10:00-14:00
Vilnius 10:00-14:00
Moscow 09:30-17:45
Stockholm 10:00-18:20
Helsinki 10:00-18:20
ETFs 16:30-23:00

All times: GMT +2
2009-01-06 09:01:01
EUR/USD 0.7186
EUR/LVL 1.4144
EUR/LTL 0.2896
EUR/EEK 0.0639
EUR/SEK 0.0924
EUR/RUB 0.0255
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%
 

RSE (Riga) Market Overviews

Latvian Stock Market Overview 11/12/2006 – 15/12/2006
 
This week was rather active and almost all companies included in the Baltic Main list and the Baltic I-List have experienced positive changes. There were 4 rises, 1 fall and 1 unchanged position in the Baltic Main list and 4 rises and 1 fall in the Baltic I-List. The total turnover has increased from 1,313,135.40 EUR to 2,777,376.56 EUR in the Baltic Main List and from to 353,805.60 EUR to 394,753.83 EUR in the Baltic I-List. Previous week leader, Liepajas Metalurgs(LME1R), has not saved it position and gave it position to Ditton pievadķēžu rūpnīca (DPK1R). Ditton pievadķēžu rūpnīca (DPK1R) faced the greatest rise of +15.56% this week with the turnover of 101,856.38 EUR and 135 deals. There were only two companies that experienced negative change in the price of shares SAF Tehnika (SAF1R) from the Baltic Main list with change –1.23% and Latvijas Balzams (BAL1R) from the Baltic I-List with change –0.46%. Both indices OMX Riga and BALTIX increased this week by +1.25% and +0.28% respectively.
 
Ditton pievadķēžu rūpnīca (DPK1R) experienced the greatest increase of the share prices of the week by +15.56%. This change is the result of the actions hold at the beginning of December. Ditton pievadķēžu rūpnīca (DPK1R) announced its financial report for 9 month of the year 2006. In this period net-turnover in fact was fulfilled in the amount of 8 938 thousands EUR against the forecast 8 537 thousands EUR. Profit of 9 months amounts to 186 000 EUR. Net-turnover for the 4th quarter of 2006 is being predicted to amount to 2 846 000 EUR; profit in the approaching is forecasted to be 28 000 EUR. Second announcement made by the company was about new member of the Management Board, Raimonds Bruzevics. As the growth of the share price after these announcements was stable for more than one week we can expect continuous gradual rise in the nearest future.
 
Another company that elected a new member, Mr.Jānis Ennītis, in the Management Board is SAF Tehnika (SAF1R). At the same time the announcement on www.db.lv was made. SAF Tehnika (SAF1R) gained 3 prizes in The Baltic Market Awards – the best investors’ relationship in the Riga Stock Exchange, the best investors’ relationship in the Baltics with the small businesses and the best investors’ relationship in the Internet in the Baltics. Despite this two facts the share prices of SAF Tehnika (SAF1R) experienced the loss in –1.23% this week. But considering the data that the company participated in the ITU Telecom Word Exhibition 2006 in Hong Kong, we believe that the share prices will recover in the next few weeks.
 
Olainfarm (OLF1R) experienced the second highest increase of +14.29% this week. First and the most important announcement was made on the 13th of December about the program of the European Parliament – REACH (a new chemicals registration and permission system). From the date of confirmation the draft, big Latvian enterprises are under the careful chemicals supervision. Nevertheless, Olainfarm (OLF1R) announced that the have been already prepared for the new conditions of supervision and assessed all the probable changes in production without the most dangerous chemicals, thus, applying the REACH regulations. Other announcement was published in on the periodical Dienas Bizness web site, Latvian economic representative in the Russian Federation informed that Olainfarm (OLF1R) made a great number of successful deals with the Russian chemist’s shop branch in Vologda. Consequently, we can predict the stable increase in the share price of Olainfarm (OLF1R) in the next few weeks.
 
By Natalja Avramenko
Aleksandrs Graholskis
Juris Rumba