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The price for shares issued by JSC Inconarm rose with 400 per cents

27 07 2009 :: The price for shares issued by JSC Inconarm rose with 400 per cents

13 07 2009 :: FinComBank was the most expensive company on the Moldova Stock Exchange (MSE) in June

10 07 2009 :: Just shares issued by JSC Zorile were profitable during June

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At the Moldova Stock Exchange (MSE) was an ordinary week, but still some upset the course of trading happened. EVM Composite Index recorded an irrelevant decrease (approximately 0.03%), weekly market turnover was 2.25 million lei and as whole 8 companies were operated on 4 stock segments.

Shares issued by JSC "Inconarm" got the price of 40 lei/action in the Tender Offers. In March, these same shares were on that same market segment were traded for 8 lei/share. Thus, the investor who bought in March, now was able to sell the shares for a 5 times higher price. JSC "Inconarm" is a Chisinau based company specialized on articles and manufacture of concrete construction. According to latest published data for 2006 and 2007 it had a net profit of 5.62 and 4.52 million lei.

The rest of the trades on other segments did not have any excesses or eccentric developments.

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