VSE (Vilnius) Market Overviews
Lithuanian Stock Market Overview06/02/2006- 10/02/2006
Comparing with the previous this week in Lithuanian Stock Market brought more raises in values of companies’ shares. In other words, there were 20 increases while 18 firms had rather significant declines in their values. Accordingly, shares of Ūkio bankas (UKB1L) company depreciated even by 91.20% from 6.52 EUR to 0.57 EUR. On the other hand, the largest increase concerned Apranga (APG1L). However, according to previous week results resent turnover in Lithuanian Stock Market fell to 11,145,067.40 EUR as only 2,965 deals were made in overall. No wonder that the biggest turnover was reached by Lietuvos Telekomas (LTK1L) as the firm made 534 deals with its customers.
Apranga (APG1L), a distinct leader of retail trade in wearing apparel in Lithuania, this week attained 252,508.34 EUR turnover since there were 175 deals made. In addition, the company had an increase of its value of shares at 7.70% from 2.47 EUR to 2.63 EUR. Considering S. Bačauskas left position of Chief financial officer of Apranga Group since 10.02.2006. V. Savukynas is appointed as new Chief financial officer since 11.02.2006.
Lietuvos telekomas (LTK1L), a national fixed telephone and broadband ADSL internet provider was on a peak all week. Shares were being traded actively, due to anticipated fiscal years results, which were announced late last week. An average shares price was 0.74 EUR. On Wednesday alone, before enouncing the results, the turnover was 0.94 million EUR. After announcing a bigger than expected profit – soaring 24.38 million EUR, share price peaked to 0.85 EUR.
Ūkio bankas (UKB1L), a sixth largest bank in Lithuania resumed trading its shares on Friday, after a new emission and a reduced share price were registered in national shares and stocks depository. New share price is 0.29 EUR compared to a last price of 6.52 EUR (fall of more than 2200%) before halting the trade on 1st of February. A manager of a bank V. Romanov and his associated persons are the biggest single shareholders of a bank, owning 29.42% of all banks shares.
By Inga Šimaitė
Roberta Rudukaitė
