Extract from the 1998 guide to central and eastern European equities
Boosted by improving economic fundamentals, the Riga Stock Exchange also enjoyed a relatively successful year in 1997 although in common with its Baltic peers it experienced a sharp reversal of fortune in the fourth quarter of the year.
The headline DJRSE index posted a 42% increase in 1997, rising from 250 at the start of January to 345 by the end of December, having breached the 500 level in early October.
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