CONSOLIDATED TURNOVER OF "NASDAQ OMX RIGA" DOWN LAST YEAR BY 8.2%
Irina Alenina
The Baltic Course
20.08.2009, 00:13
According to "Lursoft" data from the Registry of Enterprises, the
"NASDAQ OMX Riga" stock exchange consolidated turnover in the last year
was LVL 1.75 million, which is by 8.2% less than in 2007, informs LETA.
In 2007, the consolidated turnover of the stock exchange stood at
LVL 1.9 million.
In 2008, the NASDAQ OMX Riga Group’s profit was LVL 472,806, which
is by 17.2% less than in 2007, when it earned LVL 570,956.
The turnover of the NASDAQ OMX Riga parent company last year was LVL
0.68 million, a 7.5% fall on 2007, when the company turned over LVL
0,74 million. The parent company’s profit last year decreased almost
fourfold – from LVL 1.03 million to LVL 0.26 million.
As reported, the Riga Stock Exchange changed name to NASDAQ OMX Riga
in January after its inclusion in the NASDAQ OMX Group.
The U.S. stock exchange NASDAQ was founded on February 8, 1971. The
Nordic-Baltic stock exchange OMX was founded in 2003 by merging Swedish
Stock Exchange OM, which was founded in the 1980s, with the Helsinki
Stock Exchange HEX. The OMX Group includes Riga, Vilnius, Tallinn,
Helsinki, Stockholm, Copenhagen, Iceland, and Armenia stock exchanges.
NASDAQ OMX Group, Inc. is the world’s largest stock exchange company
founded on February 27, 2008 through the merger of NASDAQ and OMX.
3,900 companies are listed on NASDAQ OMX Group stock exchanges,
including such companies as Google, Apple, Microsoft, Nokia, Carlsberg,
Volvo, Reuters.