After a few positive weeks, OMX Tallinn (-2.05%) had a slight decrease in the last 5 trading days.
Swedbank: Tallinn equity weekly
8th February 2013, 19:25
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Although with overall moderately low volumes, a few names saw some action and added volatility to the market.
The biggest laggard on the market was Tallink, which dropped 3.80% during the week. Investors did not approve the statistics for January 2013, stating that passenger volumes fell 13.6% y/y. During the sell-off, Tallink fell most in 14 months.
Arco Vara's stock price dropped 11.70% w/w and Merko Ehitus fell 3.10% w/w.
On the other hand, Olympic has been stable in recent weeks, as investors are waiting for the next quarterly report. The casino operator posted a 1.12% drop and generated EUR 0.38m in weekly turnover.