Bear market on the Tallinn exchange

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Bear market on the Tallinn exchange

May 22, 2008
By Marge Tubalkain-Trell

The stock exchange is suffering under the crunch.

TALLINN - The Tallinn stock exchange has fallen twice as much as the EU average during the recent global economic downturn, and the country now has the worst performing exchange in the European Union according to a new report. Halifax Financial Services is a U.K. based company that tracks the prices of financial services and stock market indices. A recent report from the company found that the Estonian stock exchange has fallen by an astounding 34 percent. Analysts say the credit mania has h ...

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