PODGORICA (Montenegro), June 3 (SeeNews) – Port operator Luka Bar [MNG:LUBA] led the blue-chip gainers on the Montenegrin stock exchange in May, as stock indices ended down, bourse data indicated.
The blue-chip index of the Montenegro Stock Exchange, MNSE10, closed May at 812.47 points, down 2.78% month-on-month.
The benchmark MONEX index, which tracks the 20 most representative shares on the Montenegro Stock Exchange, fell by 1.30% month-on-month in May, reaching 10,549.90 points.
Luka Bar rose the most among the blue chips in May, adding 2.87% month-on-month to 0.1886 euro, as 148,550 of its shares changed hands in 23 transactions. The company generated a share turnover of 28,021 euro.
Crnogorski Telekom [MNG:TECG] paced the blue-chip decliners in May, as its share price fell 11.25% on the month to 1.61 euro. A total of 15,037 of the company's shares changed hands, generating a turnover of 24,232 euro.
Тhe bourse's total turnover declined in May to 74.8 million euro ($83.6 million) from 118.2 million euro a month earlier.
A total of 389 transactions were concluded on the bourse in Podgorica in May, versus 421 in April. Stock market capitalisation was 3.176 billion euro at the end of May, up from 3.117 billion euro a month earlier.
($ = 0.894439 euro)