BALTIX to outreach 500 points since its launch

26.04.2005 VLN

Press Release, April 26, 2005

Today, the pan-Baltic index BALTIX outreached 500 points. The BALTIX serves as a benchmark for the Baltic securities market as it is calculated for the shares of companies listed on the Main Lists of Riga, Vilnius and Tallinn stock exchanges.

Today, the BALTIX indexes reached 500.39 points with an increase of 18.9% since January 1, 2005. The index includes 19 Main List companies of three Baltic stock exchanges.

From the beginning of 2005, market capitalization of all Baltic List companies included in the BALTIX increased by 25.9% from EUR 6.27 billion to EUR 7.89 billion, out of which the biggest changes in the market capitalization were the following:

  • Baltika (BLT1T) +120.4%
  • Tallinna Kaubamaja (TKM1T) +84.7%
  • Harju Elekter (HAE1T) +63.7%

The highest one-day growth of the BALTIX was 9.73% on August 28, 2000. Since the beginning of its calculation on January 1, 2000, the BALTIX went up +400.39%.

The history of the BALTIX values can be found on the Baltic market data web.
The BALTIX Index is a capitalization weighted chain-linked total-return index. The index is calculated on a daily basis using the most recent official closing prices of all shares that are listed in the Main Lists of Riga, Vilnius and Tallinn stock exchanges, comparing the compound market capitalization plus dividends paid to the corresponding data of previous trading day. The index constituents are subject to weight limits at 10 per cent of the compound market capitalization. The index base value has been set at 100.00 points on January 1, 2000. The index is calculated using prices in Euro.

For more information, please contact:
Inese Purgaile, Corporate Communications Specialist
OMX Exchanges/ Riga Stock Exchange +371 7212431

Diana Sokolova, Marketing and Communications Manager
OMX Exchanges/ Vilnius Stock Exchange +370 5 272 13 71

Tex Vertmann, Communications Manager
OMX Exchanges/ Tallinn Stock Exchange +372 640 8862

About OMX Exchanges | OMX is a leading partner for more efficient securities transactions. OMX consists of two divisions: OMX Technology and OMX Exchanges. Through the OMX Exchanges division, OMX owns and operates the equity and derivatives exchanges in Copenhagen, Stockholm, Helsinki, Tallinn, Riga and Vilnius as well as the central securities depositories in Estonia and Latvia. Through OMX Exchanges, OMX offers access to approximately 80 percent of the Nordic and Baltic Securities market. For more information, please visit www.omxgroup.com.

Tradable Assets

Shares
Bonds
Funds

Market information

Statistics
Trading
Indexes
Auctions

Market Regulation

Rules and Regulations
Surveillance

Get Started

For Companies
For Investors
For Brokers/Members
For First North Advisers

News

Nasdaq News
Issuer News
Calendar

About Us

Nasdaq Baltic Market
Offices