Tallinn/Riga/Vilnius, Nasdaq Baltic Market, July 7, 2025 – Nasdaq (NDAQ) announces that the first half of 2025 was exceptional for the public capital markets in the Baltic countries. The total market capitalization of securities listed on the Nasdaq Baltic Stock Exchanges more than doubled in six months.
The combined capitalisation of stocks and bonds increased from €22 billion to €45 billion. The largest growth came from the bond market, which reached a value of more than €33 billion. Of this, €21 billion was added to the newly launched Nasdaq Baltic First North foreign securities trading list.
Stock trading turnover amounted to €324 million, and bond turnover reached €68 million, reflecting a 45% increase compared to the same period last year. Among the most actively traded companies were Artea bankas, Enefit Green, LHV Group, Tallink Grupp, and Ignitis grupe.
The OMX Baltic Benchmark Index, which includes the largest and most liquid Baltic companies, grew by 16% in the first half of 2025. The Nasdaq Vilnius local index rose by 13% over the year.
During this period, 1 new company’s share issue was listed on the Baltic exchange, and 27 new bond issues were announced, with a total issued amount of 893 million euros. I total, 59 bond auctions were held on the Nasdaq Baltic Exchange, comprising 24 corporate and 35 government issuances.
“The first half of this year showed that the Baltic capital market not only maintains stability but also demonstrates impressive growth. The doubling of total capitalization, record activity in the bond market, and the return of investor confidence indicate that our region is becoming an increasingly important part of both local and international investor portfolios. Today, there are already approximately 300,000 investors in the Baltic countries – a clear sign that the culture of investing is taking root and expanding here. This breakthrough is not a coincidence but the result of consistent work on market infrastructure, transparency, and investor education,” said Gediminas Varnas, President of the Nasdaq Vilnius exchange.
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Nasdaq Baltic represents the common offering of the Nasdaq Tallinn, Nasdaq Riga, Nasdaq Vilnius securities exchanges as well as Nasdaq CSD. Read more: nasdaqbaltic.com
Media Contacts:
Sanita Gailane
Nasdaq Riga
sanita.gailane@nasdaq.com
+371 252 777 33