VSE (Vilnius) Market Overviews

OMX Vilnius index this week increased by 3.9%: from 494.98 to 514.26. Although the trend in global market is negative, the OMX Vilnius has shown upgoing changes: there might be an indicator that the shares here already reached their “price floors” and the tendency will be positive in nearly future. 4,955 deals were made and the turnover was 10,205,549.79 EUR. This week 15 shares have decreased and 22 shares went up. The biggest winners this week were Sanitas (8.4%) and TEO LT (7.37%). The biggest losers were Klaipėdos Nafta (-5.66%) and Panevežio Statybos Trestas (-4.61%).

Pharmaceutical company Sanitas(SAN1L) has shown positive increase of 8.4% - this was the biggest success this week; the price of their stocks increased from 7.94 EUR to 8.61 EUR with total turnover of 417,863.58 EUR and rather big amount of deals of 142. For such positive changes we can provide few reasons. Firstly, in the end of the last week there was announcement that sales for the November increased by 76% comparing to the last year. Also there was presentation in the beginning of this week about company’s expectations for the 2008 which were very positive - Sanitas stated that in 2008 new agencies will be opened in Estonia, Latvia and Bulgaria; also it is planned to introduce new products to the pharmaceutical market.

TEO LT (TEO 1L) again is amongst the winners of the week, despite negative changes that company were facing few weeks ago. TEO’s stocks have shown increase of 7.37% with total turnover of 1,568,255.45 EUR and as always huge amount of deals of 516. There was very positive news last week. During the Baltic Market Awards 2007, arranged by the OMX stock exchanges in Vilnius, Tallinn and Riga, TEO LT, was recognized as the most transparent company for the second year in the row. TEO also has received prize for ‘The Best Investor Relations in the Baltic Countries’. Most probably the fact that was presented above was the main reason for the increase, but one also could argue that some part of this positive change were provided by the statement that there is increase of the demand in recently presented by TEO Video-On-Demand service.

Rytų skirstomieji tinklai (RST1L) increased by 2.96% during the week, the company had 100 deals and reached the turnover of 148,092.4 EUR.  „Ūkio ministerija” finally announced the stock values of three companies (Lietuvos energija, VST, RST), which compose the national investor into the new atomic plant. These values were assessed by KPMG Baltic on October 31. Important news were published just before the start of Friday‘s trade session and RST shares raised dramatically by 8.57% in several minutes. Assessments were made not according to the current stock market value, so latter trends of this year could influence the price of shares of all three energy producing companies in Lithuania.