The turnover of the main list of the Tallinn Stock Exchange reached almost 757 thousand euros. The stock with the highest trading volume on the Baltic Stock Exchange was Ignitis Grupe (272,641 euros). Most transactions were made with Enefit Green (484 transactions). The pharmaceutical company J.Molner recorded considerable growth (+19.27%), despite the commercial turnover being modest (6,167 euros).
Baltic stock market indices in Tallinn (+0.48%) and Vilnius (+0.1%) were positive today. Riga, on the other hand, is decreasing (-0.02%).
What else happened?
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If so far Swedbank has managed to support the Infortar stock at a price equal to or below 26 euros with support purchases, this opportunity will disappear next week. Read more closely.
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European banking stocks are significantly more undervalued than US ones, Bloomberg notes. Read more closely.
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TextMagic, listed on the alternative market Primo Nord, increased its turnover by 8% in the full year and by 13% in the last quarter, the company announced on the stock exchange. Read more closely.
German production shows a larger decline than expected
German industrial production unexpectedly fell in November, further confirming the difficulties of the manufacturing sector of one of Europe’s largest economies. Production fell 0.7% compared to October. It was the sixth consecutive decline, although economists in a Bloomberg survey had expected a 0.3% increase.
According to Bloomberg, Germany is likely to end 2023 in recession, the first since the coronavirus pandemic. Manufacturers, the backbone of the German economy, are being hit by expensive energy prices, high interest rates and China’s slowdown.
At the time of writing the main European stock market indices are all in the red. The main index of the Spanish stock exchange IBEX 35 shows the largest decline (-1.97%). The main Italian stock exchange index FTSE MIB also fell (-0.66%).
On the American stock exchange, for example, the VIX (+2.68%) and oil (+2.05) are in green. The S&P 500 (-0.6%) and the Nasdaq (-0.6%) are in the red.
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2024-01-09 14:35:44
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