Why the Baltic republics?

 

Recently Moody’s revised Italy’s GDP to + 1.3% in 2017. The news was highlighted with positive outcomes from major media, which generally save some exceptions, which have minimized the prospects of other major European partners: +1.6 % For France and + 2.2% for Germany.

However, it should be emphasized that the European recovery is also driven by countries with growth estimates for 2017 about 3%: the Baltic republics. As is often the case, financial markets tend to anticipate macroeconomic news and therefore we went looking for the confirmation of this new using the Inch platform (https://datascollector.inchcapital.com/index.php).

From the automated analysis of a large basket, we have examined forty-three European stock indices that were classified for trend and momentum. The top three Stock Indices are: OMX Riga, OMX Vilnius and OMX Tallin.

 

The daily bar chart shows the strong bullish trend of OMX Riga Index the Latvia Index Stock Exchange.

InchCapital Platform – Data Source: Fida

 

The daily bar chart shows the strong bullish trend of the OMX Vilnius Index the Lithuanian stock exchange.

InchCapital Platform – Data Source: Fida

 

The daily bar chart shows the strong bullish trend of the OMX Tallin Index the Estonian stock exchange.

InchCapital Platform – Data Source: Fida.

 

Three different countries to represent a specific area currently kissed by the interest of institutional investors. However, why? Because rehabilitation care has been done radically, the ratio between public debt and GDP is well below the guard level, the population is contained and multilingual, and especially because the driving sector is the tertiary.

More specifically, there is a widespread broadband information networks to domestic and to business users with marked growth rates in the IT and communications sectors (perhaps not everyone knows that Skype was born in Tallin).

 

The daily bar chart shows the strong bullish trend of strongest stock of the OMX Riga index: SAF.

InchCapital Platform – Data Source: Datalink.

 

The strongest listed stock of Latvia is SAF Tehnika AS is code LV0000101129 (core business: R & D, production and sale of telecommunications equipment) which has a medium-term target of 7.54 after having achieved a significant target at 7.10: read more SAF: SAF Tehnika AS isin code LV0000101129

Turning to the other stock exchange of Vilnius and Tallin, we can note that the first two choices for Vilnius regarding the food sector such as Zemaitijos pienas AB isin code LT0000121865 – read more: Zemaitijos LT0000121865 and Vilkyskiu Pienine AB isin code LT0000127508 – read more:Vilkyskiu ienine AB regarding Estonia we can point out Tallinna Kaubamaja Grupp AS isin code EE0000001105 – (core business: Wholesale and resale of goodsed) – read more: Tallinna Kaubamaja EE0000001105