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Share prices keep tumbling

Nov 18, 1999

Share prices continued to tumble on the Baltic bourses last week, with Latvia's posting the sharpest falls. Last week, Riga Stock Exchange's both DJRSE and RICI indexes fell and daily turnover averaged below $50,000 once more. The main reason for the RICI's nearly 4 percent drop was the 25 percent plunge in Rezeknes PKK milk cannery's share price, an event that may have also helped to drag down the RSE's bedrock share, Unibanka, which is one of the dairy's leading creditors.In Estonia, the TALSE ...

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