There was a 71 company listed on the Nasdaq Baltic stock market in 2017. In today's article, I decided to make a quick look on the biggest gainers and losers for a whole 2017. 

Baltic equities are listed on Nasdaq Baltics in 3 listings - Main List, Baltic secondary listing, and Firth North. As of writing this article the total market capitalization for companies listed under one of the three listings was EUR 7 billion and 261 million. 7 billion huh? Think that's huge? Think twice - the total market capitalization for cryptocurrencies right now is at 294 billion Eur, and we are in the bears market. The total market capitalization for Nasdaq Baltic's represents about 2.5% of the total market capitalization of cryptocurrencies.

Think I'm comparing apples to oranges? you are right, just for the correct illustration, the neighboring stock exchanges at Moscow have 515 billion market capitalization, Stockholm stock exchange EUR 1,02 trillion, Warsaw EUR 321 billion. Not to speak about London stock exchange with EUR 6.82 trillion or New York stock exchange with  EUR 17.31 trillion.

You got the picture. Well does it means if Baltic Stock exchange is so tiny if compared to the giants, it's not worth to give it a try? Not at all! If you decided to invest in all 71 Nasdaq Baltic listed companies (let's say 1000 EUR in each) at the start of January 2017, you would close the year with 24.34% value growth (not counting in dividends). 

The whole Nasdaq Baltic market beat the S&P 500 which closed 2017 with +21.14% (2017 S&P 500 Return) and came close with Dow Jones Industrial +24.39 (2017 Dow Jones Industrial Average Return)

By using publicly available data from Nasdaq Baltic and using Google Finance function I parsed the whole Nasdaq Baltic data for 2017 and made following table. See: Simple Google Spreadsheet to Track Stock Portfolio Changes Using GOOGLEFINANCE

Company name Ticker Listing Curr Start

End

Gain MCap
VEF VEF1R Secondary €1.50 €0.43 €1.50 248.84% .94 M
Latvijas Jūras medicīnas centrs LJM1R Secondary €8.00 €2.50 €8.00 220.00% 6.4 M
Grobiņa GRZ1R Secondary €6.00 €2.50 €6.00 140.00% 3. M
Ditton pievadķēžu rūpnīca DPK1R Secondary €0.20 €0.08 €0.19 133.75% 1.48 M
Rīgas elektromašīnbūves rūpnīca RER1R Secondary €3.20 €1.26 €2.87 127.78% 8.95 M
Gubernija GUB1L Secondary €0.24 €0.12 €0.26 116.67% 3.94 M
Kauno energija KNR1L Secondary €1.22 €0.60 €1.18 98.32% 24.44 M
SAF Tehnika SAF1R Main €5.15 €3.51 €6.45 83.76% 15.3 M
Harju Elekter HAE1T Main €6.34 €2.83 €5.10 80.21% 112.47 M
PRFoods PRF1T Main €0.79 €0.37 €0.62 67.57% 30.37 M
VEF Radiotehnika RRR RRR1R Secondary €0.27 €0.11 €0.18 63.06% .51 M
Žemaitijos pienas ZMP1L Secondary €1.79 €1.07 €1.74 62.62% 86.59 M
Vilkyškių pieninė VLP1L Main €3.55 €2.31 €3.75 62.34% 42.4 M
Šiaulių bankas SAB1L Main €0.62 €0.38 €0.60 58.12% 279.04 M
Rokiškio sūris RSU1L Main €2.70 €1.74 €2.75 58.05% 96.84 M
Grindeks GRD1R Main €7.50 €4.37 €6.80 55.61% 71.89 M
Tallink Grupp TAL1T Main €1.23 €0.92 €1.27 38.80% 823.95 M
Invalda INVL IVL1L Secondary €5.15 €3.86 €5.30 37.31% 61.11 M
Skano Group SKN1T Main €0.61 €0.46 €0.61 34.07% 2.74 M
Kurzemes atslēga 1 KA11R Secondary €0.90 €1.15 €1.53 33.04% .59 M
INVL Baltic Farmland INL1L Secondary €4.30 €3.34 €4.30 28.74% 14.15 M
Arco Vara ARC1T Main €1.44 €1.20 €1.47 22.50% 12.96 M
INVL Baltic Real Estate INR1L Secondary €2.28 €1.94 €2.38 22.42% #N/A
Grigeo GRG1L Main €1.40 €1.13 €1.38 22.12% 92.31 M
Siguldas ciltslietu un mākslīgās apsēklošanas stacija SCM1R Secondary €3.80 €3.00 €3.60 20.00% 1.6 M
Valmieras stikla šķiedra VSS1R Secondary €3.50 €3.11 €3.70 18.97% 40.23 M
Utenos trikotažas UTR1L Secondary €0.93 €0.80 €0.95 18.75% 8.84 M
AUGA group AUG1L Secondary €0.56 €0.48 €0.56 16.91% 104.02 M
Latvijas Gāze GZE1R Secondary €10.80 €8.78 €10.00 13.90% 273.55 M
Amber Grid AMG1L Secondary €1.47 €1.24 €1.40 12.90% 262.22 M
LHV Group LHV1T Main €11.05 €9.79 €10.70 9.30% 284.73 M
Tallinna Kaubamaja Grupp TKM1T Main €10.10 €8.42 €9.20 9.26% 411.36 M
Latvijas balzams BAL1R Secondary €8.50 €7.52 €8.20 9.04% 49.23 M
PATA Saldus SMA1R Secondary €19.00 €17.00 €18.50 8.82% 7.36 M
Telia Lietuva TEL1L Main €1.09 €0.94 €0.97 2.99% 632.14 M
HansaMatrix HMX1R Main €7.90 €7.95 €8.14 2.39% 14.45 M
Linas Agro Group LNA1L Main €0.73 €0.64 €0.65 1.56% 115.23 M
Vilniaus degtinė VDG1L Secondary €0.49 €0.44 €0.44 1.15% 11.96 M
Lietuvos energijos gamyba LNR1L Main €0.59 €0.62 €0.63 0.64% 374.7 M
Olympic Entertainment Group OEG1T Main €1.88 €1.81 €1.82 0.55% 285.37 M
Panevėžio statybos trestas PTR1L Main €0.91 €0.94 €0.94 0.43% 14.81 M
Energijos Skirstymo Operatorius ESO1L Main €0.87 €0.86 €0.86 -0.23% 781.91 M
LITGRID LGD1L Secondary €0.69 €0.71 €0.70 -0.71% 350.51 M
Linda Nektar LINDA First North €6.60 €7.51 €7.45 -0.80% #N/A
Silvano Fashion Group SFG1T Main €2.76 €2.92 €2.89 -1.03% 99.36 M
Merko Ehitus MRK1T Main €10.80 €9.05 €8.95 -1.10% 191.16 M
Apranga APG1L Main €2.60 €2.59 €2.56 -1.16% 143.76 M
Ekspress Grupp EEG1T Main €1.31 €1.32 €1.30 -1.52% 39.03 M
Vilniaus baldai VBL1L Secondary €12.20 €13.40 €12.90 -3.73% 47.41 M
East West Agro EWA1L First North €20.20 €24.30 €23.00 -5.35% #N/A
Klaipėdos nafta KNF1L Main €0.50 €0.55 €0.52 -5.84% 191.83 M
Olainfarm OLF1R Main €8.80 €8.55 €8.05 -5.85% 123.95 M
Snaigė SNG1L Secondary €0.24 €0.26 €0.24 -5.88% 9.51 M
Tosmares kuģubūvētava TKB1R Secondary €0.27 €0.34 €0.32 -5.88% .17 M
MADARA Cosmetics MDARA First North €7.95 €8.00 €7.50 -6.25% #N/A
Nordecon NCN1T Main €1.20 €1.34 €1.25 -6.72% 38.85 M
Trigon Property Development TPD1T Secondary €0.53 €0.59 €0.55 -7.09% 2.38 M
Baltika BLT1T Main €0.27 €0.29 €0.26 -7.37% 10.93 M
Pro Kapital Grupp PKG1T Secondary €1.90 €1.96 €1.80 -8.16% 107.71 M
EfTEN Real Estate Fund III EFT1T Main €15.90 €17.30 €15.30 -11.56% #N/A
Linas LNS1L Secondary €0.08 €0.10 €0.08 -11.58% 1.92 M
Kurzemes ciltslietu un mākslīgās apsēklošanas stacija KCM1R Secondary €1.75 €1.98 €1.70 -14.14% 1.53 M
Brīvais Vilnis BRV1R Secondary €0.80 €0.94 €0.80 -14.89% 2.48 M
INVL Technology INC1L Secondary €1.66 €1.76 €1.49 -15.34% #N/A
Pieno žvaigždės PZV1L Main €1.18 €1.48 €1.25 -15.54% 53.26 M
Rīgas autoelektroaparātu rūpnīca RAR1R Secondary €0.15 €0.23 €0.19 -16.67% .26 M
Rīgas juvelierizstrādājumu rūpnīca RJR1R Secondary €0.10 €0.12 €0.09 -23.48% .45 M
K2 LT K2LT First North €27.00 €36.00 €27.00 -25.00% #N/A
Tallinna Vesi TVEAT Main €10.70 €13.80 €10.20 -26.09% 214. M
Rīgas kuģu būvētava RKB1R Secondary €0.22 €0.36 €0.26 -26.20% #N/A
Baltic Telekom BTE1R First North €0.25 €0.62 €0.25 -60.16% #N/A

Data source: Nasdaq Baltic, Google Finance

In 2017 there were 42 companies listed on Nasdaq Balti paying dividends. Some were so generous that paid about 30% in dividends in 2017.

In case you invested EUR 1,000 in each of the companies listed on the Nasdaq Baltics you would end the year with  €88,279.26 or + €17,279.26, also you would receive dividend income of about €2,986.30, giving the total value of €20,265.56. How cool is that? That's awesome.

Speaking of me - currently, I own shares of 16 great dividend-paying companies in the Baltic's. I'm far from affording to invest EUR 1,000 in each of the companies listed on the Nasdaq Baltic's, instead, I'm focusing on large-cap high dividend paying companies. I was able to pull 5.47% dividend yield (on cost) in 2017. I'm looking at similar results for 2018 as well. 

Companies I own shares in, according to the above-listed table are both among the top gainers and biggest losers.

After carefully studying the above-listed table I did found some interesting stocks I'm looking to acquire in short future. Kaunos Energijos being the one I'm looking on right now.

See: Top Dividend Paying Stocks In Nasdaq Baltic I'm Planning to Acquire in 2018

Get the latest dividend income article in your inbox

Join more than 200 subscribers and get notified once the newest dividend income article is is out.
* indicates required

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit Privacy policy