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    NasdqOMX Baltic 5

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    sserifund
    The 15th week of 2012 showed that past gains are not indicative of future performance, as the OMX Tallinn index lost 0.13% for the week. However, the OMX Tallinn index has risen 15.3% year-to-date, outpacing the overall 11.15% gain of the NASDAQ OMX Baltic index. Last week's worst performer, Utenos trikotažas, rebounded to become the best performer for the week, rising 17.41% after a 17.62% drop the prior week. Another strong gainer was Invalda, which rose 6.06% for the week and has increased 30.98% year-to-date, demonstrating continued

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    NasdqOMX Baltic 5

    Uploaded by

    sserifund
    45 views3 pages
    The 15th week of 2012 showed that past gains are not indicative of future performance, as the OMX Tallinn index lost 0.13% for the week. However, the OMX Tallinn index has risen 15.3% year-to-date, outpacing the overall 11.15% gain of the NASDAQ OMX Baltic index. Last week's worst performer, Utenos trikotažas, rebounded to become the best performer for the week, rising 17.41% after a 17.62% drop the prior week. Another strong gainer was Invalda, which rose 6.06% for the week and has increased 30.98% year-to-date, demonstrating continued

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    The 15th week of 2012 showed that past gains are not indicative of future performance, as the OMX Tallinn index lost 0.13% for the week. However, the OMX Tallinn index has risen 15.3% year-to-date, outpacing the overall 11.15% gain of the NASDAQ OMX Baltic index. Last week's worst performer, Utenos trikotažas, rebounded to become the best performer for the week, rising 17.41% after a 17.62% drop the prior week. Another strong gainer was Invalda, which rose 6.06% for the week and has increased 30.98% year-to-date, demonstrating continued

    Copyright:

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    Flag for inappropriate content
    Download as docx, pdf, or txt
    45 views3 pages

    NasdqOMX Baltic 5

    Uploaded by

    sserifund
    The 15th week of 2012 showed that past gains are not indicative of future performance, as the OMX Tallinn index lost 0.13% for the week. However, the OMX Tallinn index has risen 15.3% year-to-date, outpacing the overall 11.15% gain of the NASDAQ OMX Baltic index. Last week's worst performer, Utenos trikotažas, rebounded to become the best performer for the week, rising 17.41% after a 17.62% drop the prior week. Another strong gainer was Invalda, which rose 6.06% for the week and has increased 30.98% year-to-date, demonstrating continued

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    of 3

    NASDAQ OMX BALTIC Year: 2012 Week: 15

    15h week of 2012 showed that even great gains in the past have low influence on the future; OMX Tallinn ended this week with a loss of 0.13% (see Chart 1 below). But still no worries OMX Tallinn is the market, which from the beginning of this year has risen for 15.3%, making it the most influential market of NASDAQ OMX Baltic, which in total has risen for 11.15% since the beginning of this year (see Chart 2 below).

    Chart 1: NASDAQ OMX Baltic index comparison 09.04-13.04. Source: nasdaqomxbaltic.com

    Chart 2: NASDAQ OMX Baltic index comparison 01.01-13.04. Source: nasdaqomxbaltic.com

    1 Armands Ikaunieks, Krlis Znoti

    NASDAQ OMX BALTIC Year: 2012 Week: 15


    Last weeks worst performer Utenos trikotaas (UTR1L) is again back, but already now as the best performer of the week. Last week the price dropped for 17.62%, but this week it is up by 17.41%. Since the beginning of April, the price has dropped on overall by 3.28%. Last weeks best performer Apranga (APG1L) is still growing, this week by 2.45%, but since January by 32.39%, which in monetary terms is more than 0.40 EUR per share.

    Chart 3: NASDAQ OMX Baltic benchmark and APG1L and UTR1L index comparison 15.03 15.04. Source: nasdaqomxbaltic.com

    Another great performer of week 15th was Invalda (IVL1L) which price increased by 6.06% from 2.4 to 2.545 EUR per share. The share price of Invalda has increased by 30.98% this year, thus it could be potentially interesting for investors. On 6th April Invalda announced:The Board of Invalda AB proposes to form a reserve of 77.9 million for a share buy-back. In our opinion this announcement means that Invalda has a strong policy to protect their controlling stake. As a result, we predict that the performance of Invalda is going to follow their past trend, thus the share price is going to increase.

    Chart 4:NASDAQ OMX Baltic benchmark and IVL1L index comparison 09.04 15.04. Source:nasdaqomxbaltic.com

    2 Armands Ikaunieks, Krlis Znoti

    NASDAQ OMX BALTIC Year: 2012 Week: 15


    This week NASDAQ OMX market was flooded with news about planned shareholder meetings in the closest future across the Baltic countries. These meetings are important due to relevant information and reporting by management what happens in these meetings. Also construction season is back companies that are connected with development of real estate and construction are going to witness their share price increase due to increase of turnover and preferably also in profits.

    3 Armands Ikaunieks, Krlis Znoti

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