OMX Exchanges Monthly Statistics March 2005
Share trading The average value of share trading per business day amounted to EUR 2,266 million (during the past 12-month period: EUR 2,111 million). The average number of trades per business day was 60,775 (during the past 12-month period: 55,696). Tallinn Stock Exchange had an all time high record in total share trading in March, amounting to EUR 1,009 million. (Earlier record August 1997: EUR 244 million). The turnover velocity was 114%. Derivative trading Average derivative trading volume in Swedish and Finnish equity and fixed-income products amounted to 362,692 contracts (during the past 12-month period: 426,010) per business day. The average number of traded contracts in equity derivative products amounted to 327,363 contracts (during the past 12-month period: 398,334 contracts) per business day, while the average number of contracts in fixed-income derivative products amounted to 35,329 contracts (during the past 12-month period: 27,676 contracts) per business day. The total premium value for stock options amounted to EUR 3.3 million (during the past 12-month period EUR 4.8 million) per day. Covered warrant trading The average value of covered warrant trading per business day amounted to EUR 3.5 million (during the past 12-month period: EUR 4.4 million). Index development During March the OMXS30 index increased by 0.1%, the OMXH25 index decreased by 0.5%, the TALSE index increased by 13.4%, the RIGSE index increased by 5.6% and the VILSE index increased by 3.0%. This report comprises 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. Members On March 31, 2005 the total number of members was 122 (excluded 52 members who are members at more than one exchange) of which Stockholm Stock Exchange had 78 members, Helsinki Stock Exchange had 45 members, Tallinn Stock Exchange had 17 members, Riga Stock Exchange had 15 members and Vilnius Stock Exchange had 19 members. List changes Shares Total market value of all listed companies amounted to EUR 492 billion on March 31 (March 31, 2004: EUR 449 billion.) During March, 1 company was delisted from Stockholm Stock Exchange. On the Helsinki Stock Exchange 1 company was delisted. On the Riga Stock Exchange 1 company was listed. The total number of listed companies is 501 (excluded 6 multi-listed companies) of which 273 companies are listed on the Stockholm Stock Exchange, 136 on the Helsinki Stock Exchange, 13 on the Tallinn Stock Exchange, 42 on the Riga Stock Exchange and 43 on the Vilnius Stock Exchange. Bonds The total number of listed bonds is 1,846 of which 1,485 on the Stockholm Stock Exchange, 292 on the Helsinki Stock Exchange, 6 on the Tallinn Stock Exchange, 30 on the Riga Stock Exchange and 33 on the Vilnius Stock Exchange. In March, 63 new bonds were registered on the Stockholm Stock Exchange and 36 bonds were delisted. On the Helsinki Stock Exchange 9 new bonds were registered, while 5 were delisted. On the Riga Stock Exchange 1 new bond was registered, while 1 was delisted. On the Vilnius Stock Exchange 1 new bond was listed while 2 were delisted. Covered Warrants The total number of listed covered warrants is 1,625, of which 1,315 on the Stockholm Stock Exchange and 310 on the Helsinki Stock Exchange. In March, 32 new covered warrants were listed on the Stockholm Stock Exchange and 225 were delisted. At the Helsinki Stock Exchange 20 new covered warrants were listed and 46 were delisted. Surveillance and Enforcement The disciplinary committee of the Stockholm Stock Exchange has in two cases issued warnings. J.P. Morgan Securities Ltd and Lehman Brothers International (Europe) have both breached the rules that state that a party who acquires 5% or more of the shares in a listed company must disclose the acquisition. Each of the two companies had acquired more than 5% of the shares in Song Network Holding AB without disclosing the acquisitions. The Stockholm Stock Exchange has issued criticism in the following four 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 imprecise information to the market. Two companies were criticized after giving some forward-looking information at in the first case a capital market day and in the second case a telephone conference. One company was criticized for the design of an incentive program to members of the board of directors. North Atlantic Natural Resources AB, IAR Systems AB and TurnIT AB were placed on the Observation segment of the Stockholm Stock Exchange’s O-list due to the fact that the companies did not fulfill the listing requirement regarding distribution of shares. Three matters of suspected insider trading were reported to the Swedish Financial Supervisory Authority during the month. The Stockholm Stock Exchange has issued criticism to two member firms who has breached the NOREX Member Rules regarding placing orders into the trading system. The secretary of disciplinary board of the Helsinki Stock Exchange’s issued a reprimand for two companies for infractions of the rules of the Stock Exchange. One company was criticized for not publishing its financial information simultaneously, and one company did not publish without undue delay sufficient information about its currency risks. One case of infractions of the rules of the Exchange was reported to the Finnish Financial Supervisory Authority. The Helsinki Stock Exchange issued criticisms to six companies of which five did not inform sufficiently about the board of directors proposals to the Annual General Meeting. One company did not publish correctly the financial information of its associated company. For more information or comments, please contact In Stockholm, Annika Molander, Vice President Communications, +46 8 405 66 10 In Helsinki, Anu Ilvonen, Communications Manager, +358 9 6166 7599 In Tallinn, Tex Vertmann, Communications Manager, +372 640 8862 In Riga, Inese Purgaile, Corporate Communications Department Manager, + 371 7212 431 In Vilnius, Diana Sokolova, Marketing and Communications Manager +370 5 272 13 71 For matters regarding market surveillance: In Stockholm Anders Ackebo, Senior Vice President Surveillance +46 8 405 70 10 These statistics are also available at www.omxgroup.com. REMOVED GRAPHICS