A week with contradictory evolutions was on Moldova Stock Exchange (MSE). On one hand the prices kept the same decreasing trend which started in June, thus EVM Composite lost another 0,97% between 15-19 December. On the other hand, the volume of transactions grew up a lot - 77,53 mil. lei. There were 2 main reasons for that: privatization auctions organized by Public Property Agency (PPA) and major package sales of Universalbank.

29,94 mil lei - this is the amount of money that the government got after privatization auctions organized on MSE. It means 1,47% from the planned sum - 2,03 bil. lei. But even this relatively small sum can be considered a sort of success, because those 10 share packages that were sold, were exposed for a starting price of 26,51 mil lei. After auctions, the volume increased with 3 millions. The price increased especially when it was about book shops from Moldovan regions centres. Sometimes prices increased even 6 times. No investors negotiated for some packages which were considered to be "interesting", such as: Eurocreditbank, IPTEH, UNIC, Tutun-CTC etc. As we expected, because of global financial situation, the market hinted that the prices are over-evaluated.

52,99% of shares issued by Universalbank was sold in a tender offer for 1660 lei/share, it means a total amount of 46,02 mil lei. 3 month ago, the same shares were operated for a price with 20 lei less. For the whole MSE’s history it was the second transactions with those shares.