Is it really possible to earn on the Baltic stock exchanges? 0 13

However, it should be noted that market liquidity will be lower than in larger markets. Nevertheless, more than ten companies listed on the Baltic stock exchanges demonstrated double-digit percentage growth by the end of the trading week on June 12 this year. Whatever is said about the geopolitical situation, it is clear that investors are not avoiding Baltic companies.

It can be said that the main obstacle for these markets is not geopolitical instability and Russia, which borders the Baltic countries, but the fact that the stock markets of Latvia, Lithuania, and Estonia are relatively small and therefore do not have a large cash flow. The leader in stock price growth among Baltic companies this time was the Latvian company representing the technology sector, "SAF Tehnika." The price of this company's shares increased by 60.35% from the end of last year to June 12 of this year. Thus, it can be said that the boom in the technology sector on the global stock market has also affected the Baltic countries.

Factors that opened investors' wallets include the company's own statements about its performance. "SAF Tehnika's" turnover in the third quarter of this year increased two and a half times compared to the same period last year, reaching 13.77 million euros. The company's profit grew at a similar pace, from 949 thousand euros in the third quarter of last year to 2.46 million euros for the same period this year. In the specified quarter, the company's product sales covered 73 countries around the world. Although "SAF Tehnika's" financial indicators can be considered very successful, the company notes in its statement to the stock exchange the growing geopolitical risks and their potential negative impact on economic performance indicators.