Turnover on the Riga Stock Exchange remains lethargic. Last week's average daily turnover was just $40,000. Even $2 million in trading of government T-bills did not change the impression of critically low activity on the market. In Lithuania turnover on the central market was also very low.
However, a large direct deal in Svyturis shares, worth $10 million dollars, skewed the overall securities turnover figure. The joint list of securities currently under discussion could help revive trading, but it appears unlikely it will be in place before the middle of next year.