The Securities Commission authorized an increase of the share capital of Rytø Skirstomieji Tinklai AB up to LTL 522.2 million, a reduction of the share capital of Utenos Trikotaþas AB to LTL 19.8 million, and a new issue of Klaipëdos Nafta AB shares granting the subscription right to Naftos Terminalas AB.
Upon the expiration on 23 January of the term allotted for sale of privatization documents of Klaipëdos Transporto Laivynas AB, the State Property Fund informed that the company attracted interest of one potential investor. The public tender commission has started to review submitted documents. On 30 January, the Privatization Commission approved the privatization programs of alcohol producers setting the following initial share prices: Stumbras AB at LTL 3.92, Alita AB at LTL 0.82, Anykðèiø Vynas AB at LTL 0.28, and Vilniaus Degtinë AB at LTL 0.25.
As of the beginning of this year, 20 Official and Current List companies published their preliminary results for year 2002, a few of them also informed about the intention to pay out dividends to shareholders. Aggregate data show that last year brought profit to companies supplying and distributing electricity, the Lithuanian gas supplier and the Lithuanian banks (only Lietuvos Þemës Ûkio Bankas AB (Agricultural Bank) reported loss after referrals). Oil refinery Maþeikiø Nafta AB succeeded in curtailing the negative activity result.
On 15 January, 2000th trading session took place at the Stock Exchange. During 2000 trading sessions a total of over 297 thousand transactions were concluded with 1.76 billion units of shares and 176 million units of debt securities, with an overall turnover exceeding LTL 12 billion.
The month under review was not active. The total turnover was by nearly 9% lower than the monthly average of last year and amounted to LTL 153.8 million. Though the number of trades concluded on the central market rose by 17% and sales of securities increased by 34%, the central market turnover fell by 24% to LTL 13.3 million. An average equity transaction value was LTL 7.45 thousand, which is by 59% below last year's monthly average. The total equity turnover shrank by 59% to LTL 22.2 million. Compared with January a year ago, the total securities turnover went down by 3%. This happened due to an increase of T-bills turnover by 22% (LTL 131.6 million), while the equity turnover was by 56% lower than in January a year ago, when it was LTL 51.0 million.
During the month under review, the value of the index LITIN went down by 3%, while that of LITIN-G rose by the same amount. Index of 10 most actively traded stocks LITIN-10 grew by 1%. It should be noted that as of 1 January the weighted average of the shares of Snaigë AB in LITIN-10 was cut to 20% and the resulting surplus was allocated proportionally to the shares of the remaining 9 companies. The capitalization of unlisted securities moved downwards, while the capitalization of listed companies went up by the same amount Œ 1% - due to which the total capitalization remained unchanged.
On 24 January, the shares of Aliejus AB were struck off the Current List due to the company's reorganization into a private company.
