PODGORICA (Montenegro), January 4 (SeeNews) – Montenegrin power utility Elektroprivreda Crne Gore (EPCG) [MNG:EPCG] led the blue-chip gainers on the Montenegrin stock exchange in December, as stock indices declined, bourse data indicated.
The blue-chip index of the Montenegro Stock Exchange, MNSE10, closed December at 776.69 points, down 2.57% month-on-month and 16.3% year-on-year.
The benchmark MONEX index, which tracks the 20 most representative shares on the Montenegro Stock Exchange, fell by 0.36% month-on-month in December, reaching 10,175.43 points. The index went down 11.6% year-on-year.
EPCG rose the most among the blue chips in December, adding 13.65% month-on-month to 2.7849 euro, as 7,726 of its shares changed hands in 16 transactions. The company generated a share turnover of 21,516 euro.
Port operator Luka Bar [MNG:LUBA] paced the blue-chip decliners in December, shedding 23.08% month-on-month, to 0.2281 euro. The company generated a share turnover of 16,558 euro. A total of 72,595 shares in Luka Bar changed hands in December in 21 transactions.
Тhe bourse's total turnover rose in December to 4.911 million euro ($5.926 million) from 1.407 million euro a month earlier.
A total of 371 transactions were concluded on the bourse in Podgorica in December, versus 316 in November. Stock market capitalisation was 2.855 billion euro at the end of November, up from 2.803 billion euro a month earlier.
($ = 0.828754 euro)