Vilnius/Tallinn/Riga, Nasdaq Baltic Market, January 19, 2025 – Nasdaq (NDAQ) announces that the year 2025 was exceptional for the Baltic capital markets. Nearly EUR 2 billion of capital was raised – a 145% increase compared to 2024, when investors contributed EUR 815 million.
The bond market grew the fastest. A total of 72 bond issuance auctions were held across the Baltic countries, including 49 government auctions. 60 new bond issues were listed on the Baltic Exchange, compared to 37 in 2024. Bond market capitalisation jumped to EUR 33 billion (EUR 11.1 billion in 2024), of which EUR 11 billion was on the regulated market and EUR 22 billion on First North.
The equity market also strengthened. The OMX Baltic Benchmark index rose by +18.86% in 2025, compared to only +1.46% growth in 2024. Nasdaq Vilnius showed even better results, surging by +25.58% over the year (2024: +12.67%). The strongest performance was recorded by KN Energies, Akola, Hepsor, Merko Ehitus, and Vilkyskiu pienine. Equity market capitalization reached EUR 11 billion, up from EUR 10.5 billion in 2024.
“Lithuanian companies are seeing rising profits, which in turn boosts their valuations, strengthening the attractiveness of the capital market and investor confidence. Investing in local businesses is driven not only by patriotism or a desire to support the country’s economic growth – investors see that this is an opportunity to achieve competitive returns,” says Gediminas Varnas, CEO of Nasdaq Vilnius.
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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:
Eglė Juškaitė
Nasdaq Vilnius
Marketing and Communications Manager
egle.juskaite@nasdaq.com
+370 618 17811