PODGORICA (Montenegro), December 3 (SeeNews) – Montenegro's majority state-owned power transmission system operator Crnogorski Elektroprenosni Sistem (CGES) [MNG:PREN] led the blue-chip gainers on the Montenegrin stock exchange in November, as stock indices ended mixed, bourse data indicated.
The blue-chip index of the Montenegro Stock Exchange, MNSE10, closed down 2.30% in November at 633.19 points.
The benchmark MONEX index, which tracks the 20 most representative shares on the Montenegro Stock Exchange, went up 0.58% in November and closed at 9,841.90 points.
A total of 52,350 CGES shares changed hands in turnover of 30,137 euro in November. CGES won 13.34% to 0.5757 euro in November.
Lender Hipotekarna Banka [MNG:HIPB] paced the blue-chip decliners in November, as its share price fell 9.29% on the month to 864.3448 euro. A total of 29 of the company's shares changed hands, generating a turnover of 25,066 euro.
Тhe bourse's total turnover declined in November to 417,780 euro ($506,537) from 7.4 million euro a month earlier.
A total of 91 transactions were concluded on the bourse in Podgorica in November, versus 127 in October. Stock market capitalisation was 3.198 billion euro at the end of November, down from 3.297 billion euro a month earlier.
($ = 0.824776 euro)
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