RSE  index  RICI  in  2002  has increased by 27.42%, stopping at 207.14

points  at  the  end  of  the year. On May 13, 2003, RICI index reached

229.42 points, the highest value in the last 3.5-year period.



RICI  index  describes the return on investment on the account of price

increase:  an  investment  in  the index composition shares in the past

year  produced a yield which considerably exceeded interest on deposits

in Latvian commercial banks (3%-6%).



Out  of the index shares, Kaija demonstrated the highest price increase

of  121.43%,  followed by Liepājas Metalurgs and Rīgas Transporta flote

with  91.67%  and 40% increase respectively. Latvijas Gāze was the main

loser from index shares, losing 18.26% in price.