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Dec 14, 2007 18:35 EEST
December 14 (SeeNews) - Macedonian share indices fell this week and turnover dropped to 208.9 million denars ($4.97 million/3.4 million euro) from 335.9 million last week as a holiday mood gripped the market, brokers said on Friday.
”The holiday mood already dominates the market. Last year the pattern was the same before the holidays. However, the next period is a period of dividends and I expect the indices to rise,” a broker from Sileks Banka Brokerage, who declined to be named, told SeeNews.
Turnover on the bourse's official floor fell to 164.6 million denars from 259.4 million last week. Turnover on the unofficial floor fell to 44.3 million denars from 76.5 million.
The MBI index tracking the 10 blue chips on the Macedonian Stock Exchange (MSE) closed at 7,281.74 points on Friday, down 1.7% from a week earlier. It gained 12.84% last week.
The bourse's broader index, MBID, closed at 8,088.99, down 2.2% from last Friday. The index, which was introduced in June, includes the 15 biggest companies by market turnover over a six-month period. It measured 10,000 points at its launch.
Only two companies’ shares rose this week. Stopanska Banka marked the biggest rise, gaining 6.4% and closing at 9,999 denars on Friday. It was followed by the shares of steel mill Makstil, which gained 1.2%, closing at 525 denars. At the bottom of the table was woolen mill Teteks at 9,400 denars, losing 9.96% on the week.
Following are the closing prices of the MBI components on Friday:
The MSE's bond index, OMB, closed at 103.73 points on Friday, 0.33% up from a week earlier.
(1 euro = 60.6869 Macedonian denars)
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