Investors pressed the Latvian market lower on Tuesday eliminating some of Monday_s gains. The turnover still remained very thin. RICI index closed down 0.82% to 168.55 points.Investors are not very keen to buy Ventspils Oil despite its good performance in 2q. They also ignore satisfactory turnover in July that probably added to 2q profit another 2 m lats, which all together makes 14.65m lats or 14 santims per share in 7 months. Early this year Ventspils Oil predicted only 15.8m annual profit. Currently Ventspils Oil costs rather fair considering the dividend policy and the risks that their operations contain. If things go as up to this day then the rice may go up by the end of the year. On Tuesday the stock remained at 0.50 lats per share. Latvian Balsam was the
second most popular stock on Tuesday. The average price moved up by 2 santims to 0.55 lats per share.