The average value of share trading per business day on the OMX Exchanges amounted to Euros 2,649 million (during the past 12-month period: EUR 2,188 million). The average number of trades per business day was 71,791 (during the past 12-month period: 57,647). Vilnius Stock Exchange had an all time high record in number of trades in the order book on February 22, amounting to 1,121. (Earlier record January 5, 2005: 991 trades).
The turnover velocity was 136%.
Average derivative trading volume in Swedish and Finnish equity and fixed-income products amounted to 562,989 contracts (during the past 12-month period: 437,909) per business day. The average number of traded contracts in equity derivative products amounted to 531,529 contracts (during the past 12-month period: 410,257 contracts) per business day, while the average number of contracts in fixed-income derivative products amounted to 31,461 contracts (during the past 12-month period: 27,652 contracts) per business day.
The total premium value for stock options amounted to EUR 6.6 million (during the past 12-month period EUR 5.1 million) per day.
The average value of covered warrant trading per business day amounted to EUR 4.9 million (during the past 12-month period: EUR 5.3 million).
During February the OMXS30 index increased by 3.8%, the OMXH25 index increased by 7.3%, the TALSE index increased by 15.4%, the RIGSE index decreased by 1.1% and the VILSE index increased by 4.4%.
The data below includes statistics from the Stockholm Stock Exchange, Helsinki Stock Exchange, Tallinn Stock Exchange, Riga Stock Exchange and Vilnius Stock Exchange. The reported figures pertain to all the five exchanges, unless otherwise stated.
On February 28, 2005 the total number of members was 123 (excluded 48 members who are members at more than one exchange) of which Stockholm Stock Exchange had 79 members, Helsinki Stock Exchange had 44 members, Tallinn Stock Exchange had 15 members, Riga Stock Exchange had 14 members and Vilnius Stock Exchange had 19 members.
Total market value of all listed companies amounted to EUR 496 billion on February 28 (February 27, 2004: EUR 460 billion.) During February, 1 company was delisted from Stockholm Stock Exchange. On the Riga Stock Exchange 2 companies were listed. The total number of listed companies is 502 (excluded 6 multi-listed companies) of which 274 companies are listed on the Stockholm Stock Exchange, 137 on the Helsinki Stock Exchange, 13 on the Tallinn Stock Exchange, 41 on the Riga Stock Exchange and 43 on the Vilnius Stock Exchange.
The total number of listed bonds is 1,817 of which 1,458 on the Stockholm Stock Exchange, 288 on the Helsinki Stock Exchange, 6 on the Tallinn Stock Exchange, 30 on the Riga Stock Exchange and 35 on the Vilnius Stock Exchange. In February, 39 new bonds were registered on the Stockholm Stock Exchange and 42 bonds were delisted. On the Helsinki Stock Exchange 4 new bonds were registered, while 2 were delisted. On the Talinn Stock Exchange 1 new bond was registered. On the Riga Stock Exchange 2 new bonds were registered, while 2 were delisted. On the Vilnius Stock Exchange 3 new bonds were listed while 2 was delisted.
The total number of listed covered warrants is 1,844, of which 1,508 on the Stockholm Stock Exchange and 336 on the Helsinki Stock Exchange. In February, 163 new covered warrants were listed on the Stockholm Stock Exchange and 123 were delisted. At the Helsinki Stock Exchange 25 new covered warrants were listed and 55 were delisted.
The disciplinary committee of the Stockholm Stock Exchange’s has in two cases imposed fines on listed companies. Intentia had released information with a materially impact on the company’s share price without disclosing it in the correct manner. KMT did not comply with the rules governing the disclosure of benefits for senior executives when preparing its annual report for 2003 and also disregarded other accounting regulations.
The Stockholm Stock Exchange has issued criticism in the following three cases for infractions of the rules of the Exchange. These infractions were not of such a serious nature that they required to be handled by the Disciplinary Committee. One company was criticized for having disseminated incomplete information to the market. One company was criticized after giving some forward- looking information in an interview. One member was criticized for not having complied with the reporting rules of the Stockholm Stock Exchange.
Two companies were placed on the Observation segment of the O-list due to the fact that the companies did not fulfill the listing requirement regarding ownership concentration. Two matters of suspected insider trading were reported to the Financial Supervisory Authority during the month.
Helsinki Stock Exchange has placed one company on the Observation segment of the I-list due to the fact that company had taken the initiative to be delisted. Two cases of infractions of the rules of the Exchange were reported to the Financial Supervisory Authority. One company was criticized for not disclosing sufficient information promptly.
Latvijas kugnieciba, a company listed on the Riga Stock Exchange’s Main List , was placed under surveillance due to the fact that the company failed to disclose the nominees to the board of directors (as an EGM Agenda item). The company was also reprimanded because of the undue delay to provide the information to the RSE upon its specific request. The surveillance was suspended as soon as the candidates’ names were disclosed. Later the same month, Latvijas kugnieciba was placed under surveillance once again due to differences and arguments between shareholders’ groups. As a result, an ambiguous situation has arisen for the shareholders as to the legitimacy and powers of the EGM itself, the former or the new board of directors and senior management boards.