The Baltic stock exchange markets are recovering fast
Posted by editor on 9/18/09 • Categorized as Baltic States, Finance • 
Print This Post
•
The Financial Times sees some since of recovery of the Baltic stock exchange market. The paper writes that despite the economic crisis the investors are pouring back into the Baltic markets.
According to the paper the OMX Baltic benchmark index went up by almost 80 percent in the past half year. That come to about a third in the past month, placing the Baltic markets amongst on of the fastest markets in the world putting them among the best performing markets in the world this year, it noted.
“While the downturn is far from over, the pace of decline has started to slow and the equity rally signals growing investor confidence that the Baltic trio will eventually bounce back,” the paper wrote.
Lithuania’s stock index doubled its value since March, Latvia’s index up 72 percent and Estonia’s index up 62 percent over the period.
(No Ratings Yet)
Loading ...
