In the case of many of the world's biggest companies, such as Microsoft and Google, etc., a stock exchange listing was one of the key stages in ensuring their sustainable growth.
As far as the Latvian capital market is concerned, although the fundamental work on its development has been completed, and the consolidation of the market continues, long-term growth is possible if the targeted development of the market is maintained at all levels ranging from the regulatory framework to public trust.
From the initial stage where it elicited cautious interest among entrepreneurs, the capital market has evolved into a visible and increasingly important instrument for attracting capital for business growth. Although we are not yet as advanced in our development as we could be, we are moving in the right direction – the number of IPOs is increasing every year, important steps are being taken to nurture financial literacy, the regulatory framework is becoming more understandable and accessible, and market players – including both entrepreneurs and investors – are becoming increasingly active.
Latvia has ambitious businesses, interested investors, and the pronounced political will to foster the development of the market. However, in order to make sustainable and growth-oriented decisions, a common, clear, and real data-based understanding of where we are right now is needed.
Devised by Signet Bank in cooperation with the national news agency LETA, the Capital Market Activity Barometer is the first practical tool of its kind that facilitates assessment of the tempo and potential of growth, as well as providing for policymakers, entrepreneurs, and investors alike with a positive impetus for future stages of development.
It facilitates a significant step towards more systematic and goal-oriented development of the financial ecosystem, offering all market players a common platform for understanding as well as data support for making future-oriented decisions.
Oftentimes, we find ourselves seeking miraculous growth breakthroughs, but the reality is that sustainable development starts with understanding, trustworthy data, and the courage to take action. Progress is driven by consistent steps aimed at strengthening market resilience and long-term growth. This Barometer is our compass of objectivity. The direction is clear – all that remains is to stay the course and grow together.
