VSE (Vilnius) Market Overviews
Lithuanian Stock Market Overview21/11/2005-25/11/2005
The share trading in Lithuanian Stock Market has been a bit slack and unrewarded during the recent week. There was a strong tendency of decrease, though small, in most Lithuanian companies’ stock value, as there were 30 firms that made a negative performance and only 8 ended the week with a positive change in their share prices. The number of deals was just 2638; however, there was a record high turnover (11,603,265.52 EUR) from the beginning of October. Šiaulių Bankas (SAB1L) as in the previous week made the biggest turnover of 5,911,708.74 EUR. As the stock price in major companies in Lithuanian market has changed very slightly, the most significant fall was shown by Pramprojektas (PRM1L) (-10.88%) and the best performance was registered in Klaipėdos jūrų krovinių kompanija (KJK1L) (+8.00%).
Šiaulių Bankas (SAB1L) has become the leader of the week as it made the biggest turnover of 5,911,708.74 EUR and 98 deals. Moreover, the company has issued new stock emission with relatively low share price. This week the value changed by 3.02% since it lowered to 1.21 EUR. As a matter of fact, we could expect the overall share decrease in the market as the bank is tempting customers with new and cheap portfolios.
Pramprojektas (PRM1L) Pramprojektas is one of major qualified engineering consulting companies in Lithuania. The company has been known in the planning market over 60 years. This week it sustained a dramatic change in value as the share price lowered by 10.88% from 2.31 EUR to 2.06 EUR.
Though Ūkio bankas (UKB1L) did not show any significant results this week it was noticeable due to a tendency of declining stock value. This week it suffered the decrease of 1.82% as the value dropped to 6.82 EUR. Moreover, the company has issued challenging plans in order to lower stock prices. The company believes that this would encourage customers to purchase bigger amounts of shares without making harm to its overall turnover.
Klaipėdos jūrų krovinių kompanija (KJK1L), JSC Klaipeda Stevedoring Company (KLASCO) is the oldest and the largest stevedoring company in the history of Klaipeda port. This week it proved that shipping business in Lithuania has a great tendency to grow as the company experienced the biggest increase in share value. The stock price rose by 8.00% from 7.24 EUR to 7.82 EUR.
By Mantas Juknevičius
Sigita Juodeikytė
Roberta Rudukaitė
Inga Šimaitė
