8/2/2019 NasdqOMX Baltic 3

1/2

NASDAQ OMX BALTIC Year: 2012 Week: 13

1

Anastasija Muravjova Armands Ikaunieks Krlis Znoti

13th

week of 2012 in the Baltic main market ended with a change for the first time in

the last two weeks. The NASDAQ OMX Baltic index landed on 470.51 mark. From

all three national markets, NASDAQ OMX Tallinn was the best performer closing

this week with an increase of 0.87%.

Chart 1: NASDAQ OMX Baltic index comparison 26.03-30.03. Source: nasdaqomxbaltic.com

The whole perspective of March 2012 can be seen in Chart 2. OMX Riga, with few

price increase jumps, is the worst performer this month: overall downturn of 1.5%.

Contrary toOMX Riga

, both other markets saw either increase (OMX Tallinn

) or atleast ended at the same mark from the beginning of March (OMX Vilnius).

Chart 2: NASDAQ OMX Baltic index comparison 01.03-30.03. Source: nasdaqomxbaltic.com

8/2/2019 NasdqOMX Baltic 3

2/2

NASDAQ OMX BALTIC Year: 2012 Week: 13

2

Anastasija Muravjova Armands Ikaunieks Krlis Znoti

The top performer position of this week again belongs to Nordecon(NCN1T). This

company didnt change so much unless it showed a little increase till 5.99%, from

1.085 to 1.15 EUR per share, which is the biggest increase in Baltic market this week.

As well, during 13th

week of 2012 were no announcements which could influence the

price increase. Mainly, we think that this potential growth could be influenced by itsprevious results which predict for investors the increase in the future.

Despite of the fact that share price ofSAF Tehnika (SAF1R) has been decreasing for

one and a half year we predicted that SAF Tehnika could be considered as potential

future investment. Indeed, our last weeks forecast came out to be true and the share

price ofSAF Tehnika (SAF1R) increased by 2.77% from 2.217 to 2.267 EUR per

share. In our opinion, the announcements at CeBIT 2012 on March 6, 2012 will have

even greater impact in the future, which will definitely affect the share price ofSAF

Tehnika.

This weekVentspils Nafta (VNF1R) showed a little increase in share prices.

Comparing to the last week when they were in the top 3 worst performers they

climbed really good. Huge downturn of4.52% has been changed to 0.43% increase.

Not much but bigger increase could be expected a in the future next weeks.

Last week Latvijas kugnieciba (LSC1R) showed another bad performing week,

needless to say, Latvijas kugnieciba has fallen for past few months since from the

beginning of November. This week price per share hit 0.427 EUR. In the last month

alone, the price has fallen of 6.25%.

During these three weeks of our market overviewing we have not seen a fall like the

one we saw last week10.66% decrease; and the company is called Trigon Property

Development (TPD1T). But we would like to calm you down, because the decrease

was only of 0.035 EUR (from 0.32 to 0.285 EUR per share).

As we already wrote last week, SAF Tehnika has a potential of growing and it will

grow. This company has enough potential even to influence the whole OMX Riga

market. Though, on the opposite side we have Latvijas kugnieciba, which looks like it

will not come back any time soon.