OMXT Index down 16.7% in the third quarter of 2011
06.10.2011, 12:51According to Tallinn Stock Exchange, the OMXT index fell 16.7% to 536.30 during the third quarter. Market capitalisation of NASDAQ OMX Tallinn fell 17% to 1.25 billion euros. During the quarter, 24 400 transactions in securities were concluded and total turnover was 53.7 million euros.
The share prices of all companies fell during the quarter, and in the case of three companies the prices fell by more than 25%. Arco Vara (-34.0%), Merko Ehitus (-35.2%) and Olympic Entertainment Group (-28.8%) surrendered the most.
The index fell sharply in August and September and August saw high trade activity. The total number of transactions in August was 13 084 (10th best result of all time) and turnover was EUR 27.3 million (best result of the last 18 months). Average daily turnover reached EUR 1.2 million in August and the average transaction volume was EUR 2090.