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

All times: GMT +2
2007-11-18 17:55:01
EUR/USD 0.6823
EUR/LVL 1.4302
EUR/LTL 0.2896
EUR/EEK 0.0639
EUR/SEK 0.1081
EUR/RUB 0.0279
Indices: / OMXR -0.28% / OMXV 0.36% / OMXT -2.73% / OMXS30 -0.56% / OMXH25 -0.99% / RTS -1.29%                     Stocks: ACG1V -27.78% / SCRIA -20.50% / YUKO -20.37% / OEG1T -14.98% / BLT1T -7.61% / SMR1R 15.00% / NLB1R 13.00% / LTT1R 6.25% / IRKT 5.95% / GRZ1R 5.88%                     Porfolios: first 0.00% / second 0.00% / third 0.00% / Monstras1 0.00% / Monstras2 0.00%
 

SSE (Stockholm) Market Overviews

05/11/2007 - 09/11/2007

The OMX Stockholm 30 Index (OMXS30) decreased by 0.68% as there were 15 falls in the stock market and 14 rises. The major winners were ASSA ABLOY B (ASSA B) and Vostok Gas SDB (STO) while the biggest decreases were experienced by Swedbank A (SWED A) and SEB A (SEB A). One very important fact is quite a big decrease in Stockholm share prices on Friday, as only 2 prices out of 30 went up.

 

Vostok Gas SDB (VGAS SDB) is a holding company engaged primarily in making specialty investments in companies active within the Russian oil and gas industry. Vostok Gas has only Gazprom stock (Vostok Gas owns more than one percent of the shares in Gazprom) and Vostok Nafta Investment keeps other stakes. Gazprom is the world's largest gas company and the leader of companies in Russia (won the first place in the "Leading enterprise of Russia” in 2006). As the share value of Gazprom has been enlarging since the end of November, Vostok Gas was one of the top gainers as its stock value increased by 6.33% from €46.67 to closing price €50.59 during this week.

 

After announcements of SEB BoLan mergering into parent Skandinaviska Enskilda Banken and SEB’s shares increase in Nordea share price of SEB A (SEB A) grew at the beginning of last week. However, a credit crisis still has a huge impact on share prices, especially in America and Europe. The biggest decrease is seen in the banking sector. The share price of Sweden's second-largest banking group by assets SEB has fallen down by 6.56% during the last week with closing price of €18.08. As the impact of the crisis in banking sector is still unclear, the trend of banks’ share prices going down will remain in the future.

 

After introducing a new chief financial officer Hans Vestberg, share price of Ericsson B (ERIC B) has recovered a bit after a very unsuccessful past period. During last week it has increased by 2.26% with closing price of €1.97. Moreover, this increase might have been affected by Ericsson‘s participation as EDGE supplier and telecom services partner of T-Mobile Germany in the first part of GSM network modernization in record time in Germany. However, all of this might have not a long effect, because on Friday the share price of Ericsson B decreased by 0.68%.


Ieva Blažytė
Kęstutis Lizdenis