The Baltic Times

Silence in Baltic markets

  • 1999-07-22
It was a quiet week on the Baltic securities market with share prices of leading banks sliding despite meeting analysts' earnings expectations.

The drop in the share prices of Uhispank, Hansapank, Unibanka and Vilniaus Bankas was most likely due to the continued skittishness of investors, who harbor fresh memories of last year's crisis, and who maintain little confidence in half-year corporate results.

 

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The Baltic Times is an independent monthly newspaper that covers latest political, economic, business, and cultural events in Estonia, Latvia and Lithuania. Born of a merger between The Baltic Independent and The Baltic Observer in 1996, The Baltic Times continues to bring objective, comprehensive, and timely information to those with an interest in this rapidly developing area of the Baltic Sea region. Read more... Our news analysis and commentaries provide readers with insight essential to understanding the three Baltic countries and their neighbors.

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