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Macedonian Stock Market Falls Further, Turnover More Than Halves - Table

Sep 26, 2008, 4:41:20 PMArticle by Valentina Dimitrievska
share
September 26 (SeeNews) - The Macedonian stock exchange (MSE) remained depressed this week as stocks fell further in shrinking turnover, stock exchange data showed.

Macedonian Stock Market Falls Further, Turnover More Than Halves - Table

The MBI-10 index, tracking the 10 blue-chip companies on the Macedonian bourse, closed 2.3% down from a week earlier at 4.450,95 points on Friday. The MBID index, which includes the shares of the 10 most liquid public companies, closed 3% down from the previous week at 4,390.34.

Total turnover on the MSE more than halved to 113.1 million denars ($2.6 million/1.8 million euro) this week from 274.78 million denars a week earlier. Turnover on the official floor dropped to 102.72 million denars from 217.46 million denars last week, while turnover on the unofficial floor fell to 10.38 million denars from 57.32 million denars a week earlier.

With transactions worth 20.18 million denars, the shares of Komercijalna Banka were the most traded ones this week.

MBI COMPONENTS Prices on September 19 Prices on September 26
KOMERCIJALNA BANKA 5,650 5,299
OHRIDSKA BANKA 4,800 4,660
GRANIT 1,124 1,150
BETON 15,535 15,900
MAKPETROL 64,693 62,000
STOPANSKA BANKA-BITOLA 6,200 6,349
MAKSTIL 393 390
ALKALOID 6,500 6,200
TOPLIFIKACIJA 6,389 6,100
ZK PELAGONIJA 5,000 4,810

The MSE bond index, OMB, closed almost flat at 104.98 compared to 104.99 a week earlier.

(1 euro = 63.4678 Macedonian denars)

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