National Stock Exchange Of Lithuania Trading Results For May

In May, the monthly turnover at the Exchange amounted to LTL 158 m (Eur 45.76 m), excelling the average monthly result of last year, however falling short of the trading values of the current year. Lack of positive news in the market forced share demand down faster than supply, resulting in a share price correction, i.e. values of the indices dropped by almost 5 per cent each. Share turnover of the month amounted to LTL 55 m (Eur 15.93 m), and that of debt securities slightly exceeded the April value reaching LTL 103 m (Eur 29.83 m).

From the beginning of the year, the aggregate securities turnover at the NSEL accounted for LTL 1396 m (Eur 404.31 m), out of which LTL 711 m (Eur 205.92 m) fell to debt securities and LTL 685 m (Eur 198.39m) to shares. The latter exceeded last year’s total share turnover by LTL 91 m (Eur 26.36 m).

OMHEX, Northern Europe’s largest securities market operator, and the Lithuanian State Property Fund (SPF) closed the transaction, whereby OMHEX purchased 44.3 percent of the shares of the National Stock Exchange of Lithuania (NSEL) and 32 percent of the shares of the Central Securities Depository of Lithuania (CSDL).

OMHEX has already transferred LTL 5.01 m (Eur 1.45 m) for the NSEL shares and LTL 5.81 m (Eur 1.68 m) for the CSDL shares into the account of SPF. OMHEX ownership in NSEL currently amounts to 81 percent. A mandatory tender offer to the minority shareholders of NSEL will be launched in June this year, as OMHEX intends to acquire up to 100 percent of the shares of NSEL. For additional information please contact the Director of Market Analysis Department Mr Juozas Brigmanas At +370 5 272 14 07.