VSE (Vilnius) Market Overviews

Lithuanian Stock Market Overview
31/10/2005- 04/11/2005

This week was not so successful in Lithuanian market comparing with the previous one. The total amount of deals was 3,691 since the turnover decreased to 7,359,311.11 EUR, as the last week’s turnover was 8,158,389.32 EUR. However, on the 2nd November Vilnius stock exchange (VSE) experienced a record of 2005 in number of trades (1,285). The leader was Ūkio Bankas (UKB1L) with turnover of 7,476,896.19 EUR and 734 deals. Unfortunately, KAUNO ENERGIJA (KNR1L) showed the biggest decrease in stock value (-14.85%).

Ūkio bankas (UKB1L), the oldest private bank in Lithuania, this week presented us amazing results on the biggest weekly turnover 7,476,896.19 EUR and 734 deals. Although, last week this company experienced a dramatic decrease in share price by 21%, this week it increased by 8, 92% from 5.79 EUR to 8.49 EUR. Thus the shares of Ūkio bankas became very attractive for buyers and reaped their boom.

Rokiškio sūris (RSU1L), dairy product producer Rokiškio sūris announced financial results for the three quarters. According to them company’s sales increased by 5,6% to 4,385 mll EUR. However, during this week the price of shares experienced a fall of 0.69% from 21.00 EUR to 20.57 EUR. Weekly turnover is 327,625.21 EUR.
Apranga (APG1L) had a turnover of 228,235.04 EUR as well as an increase in shares price by 2.01% from 9.56 EUR to 10.54 EUR. Moreover, they announced that company in October reached sales monthly record – 6,840,000 EUR (comparing with 2004, sales increased by 36.8%).

Snaigė (SNG1L) from the previous year the turnover grew up by 22.1%. This week the firm came up to 372,007.72 EUR turnover. This change was caused by the greater amount of sales and successful expansion in Russia. In addition, the price of company’s shares increased by 0.85% from 4.75 EUR to 4.92 EUR.


Sigita Juodeikytė
Mantas Juknevičius
Roberta Rudukaitė
Inga Šimaitė